HMM Co. launched Korea’s first methanol-powered container ship as the shipping line takes steps toward its 2045 carbon neutrality target amid tightening global emissions regulations.
The 9,000 TEU vessel, named “HMM Green,” uses bio-methanol produced from waste resources including scrap tires, the company said Tuesday. The alternative fuel reduces carbon emissions by over 65%, eliminates sulfur oxides entirely, and cuts nitrogen oxides by up to 80% compared with conventional fuels.
The ship includes additional environmental technologies such as nitrogen oxide reduction equipment, shore power capabilities, and advanced ballast water treatment systems. These features help HMM comply with International Maritime Organization standards and the European Union’s Emissions Trading System, which recognizes fuels achieving significant emissions reductions.
HMM ordered nine eco-friendly vessels last year, with seven from HD Hyundai Samho and two from HJ Shipbuilding. The company plans to deploy HMM Green on the India-Mediterranean route and expects to receive all nine ships by mid-2026.
The shipping industry faces mounting pressure to reduce its environmental footprint, with companies exploring alternative fuels including methanol, liquefied natural gas, ammonia and hydrogen as potential pathways to decarbonization.