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Maersk to speed up eFuel development with latest investment in US startup

September 23, 2021

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Danish shipping giant A.P. Moller – Maersk has made an investment in US-based startup company Prometheus Fuels focused on developing cost-efficient, carbon-neutral eFuels for shipping.

This investment is made through Maersk Growth, the corporate venture unit of A.P. Moller – Maersk.

The company 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.

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