Maersk tankers and competitors bet billions on ammonia fuel carriers

Q: How long will it take to read this news story?

The story "Maersk tankers and competitors bet billions on ammonia fuel carriers" has 1598 words across 41 sentences, which will take approximately 7 - 14 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "Maersk tankers and competitors bet billions on ammonia fuel carriers" was covered 7 hours ago by Economic Times, a news publisher based in India.

Q: How trustworthy is 'Economic Times' news outlet?

Economic Times is a fully independent (privately-owned) news outlet established in 1961 that covers mostly business news. The outlet is headquartered in India and publishes an average of 7 news stories per day. It's most recent story was published 5 hours ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #21660361</li><li>URL: https://beamstart.com/news/maersk-tankers-and-competitors-bet-17211927845103</li></ul>

Economic Times Logo Economic Times 7h ago

Maersk tankers and competitors bet billions on ammonia fuel carriers - Economic Times

Quick Summary:

Several shipping companies, such as Maersk Tankers, Mitsui OSK Lines, Trafigura, and Gunvor Group, are investing in ammonia tankers for 2027.

Subscribe to The Economic Times Prime and read the ET ePaper online.(Catch all the Business News, Breaking News, Union Budget 2024 Events and Latest News Updates on The Economic Times.

Despite the hefty spending — the bulk of the new ships are due to join the fleet in two or three years’ time — it’s not yet clear that there will be a plentiful supply of low-carbon ammonia by the time they’re launched.