Maersk invests in electrofuels start-up

Maersk has made a minority investment in Prometheus Fuels, a Silicon Valley-based start-up, which is a developing direct air capture technology to enable cost efficient, carbon neutral eFuels for shipping.

The carrier expects several fuels to co-exist in the future fuel mix and has identified four potential fuel pathways to decarbonisation; biodiesel, alcohols, lignin-enhanced alcohols and ammonia.

The Danish company noted that the investment supports its efforts with electrofuels, which include alcohols produced from renewable energy. Along with biodiesel, alcohols including green methanol are feasible fuel technologies already today.