Maersk invests in bio-methanol start-up to build global supply chain
The move will come as a riposte to those who doubt Maersk’s ability to source enough green methanol to run its new ships
AP Moller-Maersk has invested in WasteFuel, a California-based biofuel maker with projects in the Americas and Southeast Asia, as it seeks the means to make enough renewable methanol to run its eight new boxships. It is looking at deals with fuel makers around the world