The 16,592 TEU methanol-enabled AXEL MAERSK was recently delivered to Maersk, completing a first series of twelve Equinox-I type mainline container ships!
The Danish liner, currently the world’s second-largest ocean carrier by fleet size, ordered the first eight of these ships from South Korea’s HD Hyundai Heavy Industries (HHI) in August 2021. In January 2022, the carrier then exercised four options to increase the series to twelve ships in total.
Maersk placed orders for six slightly larger Equinox-II vessels in September 2022. These ships will be slightly wider at 56.40 m (22 rows) versus 53.50 m (21 rows) on the original Equinox-I. The newer type is expected to carry up to 17,500 TEU and the first unit of the class, the BEIJING MAERSK, is due in August.
Overall, methanol-fuelled container ships remain a niche category in the global active fleet. These units currently represent 0.4% of the entire fleet in service in terms of unit count, and 0.8% in terms of total TEU capacity. The delivery of the AXEL MAERSK means the Danish giant now operates over 76.7% of the entire methanol-fuelled Container Ship capacity.
While representing a minor part of the current active fleet, a look at the orderbook indicates that methanol-powered vessels are going to see wider adoption going ahead, as they are the second-most ordered Container Ship type after LNG-fuelled vessels.
Our AXSInsights module is the right tool for you if you’d like to monitor LNG-powered, Methanol-fuelled, and scrubber-fitted Container vessels in extensive detail.
Source: Alphaliner
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