Maersk explores more ethanol use for green fuel to cut reliance on China

Danish shipping company Maersk is looking at increasing its use of ethanol as a fuel, which could reduce its dependence on China and boost the industry’s decarbonisation efforts, the Financial Times reported, citing an interview with CEO Vincent Clerc. Clerc noted that while China dominates the market for fuels such as “green methanol”, the U.S. …

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