Maersk to join SteelZero for more sustainable ships

“Steel is an integral part of our value chain. We use it in our ships, containers, terminals, and warehouses and therefore, it is a pivotal part of our decarbonisation efforts. The steel industry is one of the largest emitters of CO₂, contributing around 7% of global greenhouse gas emissions”, said Henriette Hallberg Thygesen, CEO of Fleet & Strategic Brands, A.P. Moller – Maersk.

A significant number of the more than 700 vessels operated by Maersk are set to be recycled in the next decade with a proportion being the post-panamax size ships (over 4000 TEU) with steel making up approx. 90% of these ships´ weight.

Palle Laursen, Senior VP & Chief Technical Officer, A.P. Moller – Maersk added: “Global ship recycling volumes are projected to nearly double by 2028 and quadruple by 2033. Recycled steel will progressively be recognised as a viable raw material for steel consumers with net-zero emissions targets. At Maersk we have both strong decarbonisation ambitions and ships’ coming to end-of-life, which offer a great opportunity to reduce our Scope 3 emissions by driving circularity in the steel industry.”