Maersk Growth has made a leading venture investment in Prometheus Fuels, a Silicon Valley-based startup with a promising direct air capture-technology to enable cost efficient, carbon neutral eFuels for shipping.


Carbon Capture Cycle image

Copenhagen, 23 September 2021 – The minority investment in Prometheus Fuels will support A.P. Moller - Maersk’s work to execute on the strategy to decarbonise marine operations.

Maersk expects several fuels to exist alongside in the future fuel mix and has identified 4 potential fuel pathways to decarbonization; biodiesel, alcohols, lignin-enhanced alcohols and ammonia.

The investment supports Maersk’s efforts with electrofuels which include alcohols produced from renewable energy. Along with biodiesel, alcohols including green methanol are feasible fuel technologies already today.

Prometheus Fuels is developing a very exciting and innovative technology to produce carbon based electrofuels from direct air capture of CO2. Electrofuels are expected to play a key role for the decarbonisation of shipping and, if scaled successfully, Prometheus Fuels’ technology will address a key constraint for carbon based electrofuels – namely the cost competitiveness of direct air capture.

Morten Bo Christiansen
Head of Decarbonisation, A.P. Moller - Maersk
Maersk expects synthetic alcohols and other electrofuels to play a big role in the decarbonisation of shipping, due to its long-term scalability advantages compared to biobased fuels. Produced from renewable energy and water and ambient CO2 from direct air capture, it has the potential to offer infinite availability regardless of geographic scope.

Our zero net carbon, zero sulphur electrofuel doesn’t compete with food production – it comes from renewable electricity and air so its feedstock is limitless. Our electrofuel offers a truly viable solution to decarbonise shipping – one that can scale and be implemented in time to avoid catastrophic global warming. We’re excited to partner with Maersk, a global leader in decarbonisation in the transportation and shipping industries, to accelerate this transition.

Rob McGinnis
Founder and CEO of Prometheus Fuels
Maersk joins a team of investors which includes BMW i Ventures and Metaplanet. Peter Votkjaer Jorgensen, Partner at Maersk Growth, will join the Board of Prometheus Fuels.

Decarbonization is a strategic imperative of Maersk, so investing in this space is a natural focus point for Maersk Growth and one where we can offer value beyond capital through the expertise and scale of the Maersk organization. Prometheus’ technology has disruptive potential for the green fuel market, and we look forward to contributing as well as learning from this partnership in the years to come.

Peter Votkjaer Jorgensen
Venture Partner in Maersk Growth

In August Maersk ordered 8 Green Methanol fueled ocean-going vessels to be delivered from Q1 2024. Earlier this month Maersk invested in WasteFuel, a California-based startup producing green bio-methanol from waste.

About A.P. Moller - Maersk

A.P. Moller - Maersk is an integrated container logistics company working to connect and simplify its customers’ supply chains. As the global leader in shipping services, the company operates in 130 countries and employs around 80,000 people.

For further information, please contact:

Mikkel linnet profile
Mikkel Linnet
Head of Global Media Relations
+45 248211 96

无论您需要什么,我们都可以随时为您提供帮助

解决方案

解决方案

我们满足从供应链一端到另一端的客户需求。
联系我们

联系我们

我们的专家团队随时为您服务。
查询价格

准备好运送货物?

查询航运及内陆运输费率。
关注最新动态
注册订阅马士基新闻与洞察
收取直接发送至您收件箱的有关供应链趋势的宝贵信息,在业内保持一路领先

提交此表,即表示我同意通过电子邮件接收 A. P. 穆勒-马士基集团及其关联公司接收物流相关新闻和营销信息更新。我了解我可以随时通过点击退订链接,取消接收此类马士基推送信息。如需查看我们会如何处理您的个人信息,请查阅隐私公告

感谢您注册
您现在已经注册接收新闻通讯。您很快将收到一封电子邮件,其中将说明如何对该新闻通讯进行偏好设置。
Subscribed
You can unsubscribe anytime.