Maersk CEO Sees Zero-Carbon Fuels Doubling Company s Bunker Bill
by Ship & Bunker News Team
Monday February 22, 2021 Shipping and logistics giant The firm spent $4.566 billion the previous year. CEO
Søren Skou expects we have to spend maybe double that amount once it is buying zero-carbon fuels, news agency the BBC cited him as saying on Friday. The company s average bunker price was $372/mt last year, implying it is expecting a price in the area of
$750/mt for zero-carbon fuels in VLSFO terms, at current prices. The actual outright price would be lower than this per tonne, but the company would need to buy a greater tonnage of fuel to achieve the same effect because of the lower density of zero-carbon fuels.