Copenhagen, Denmark – In continuation of its fleet renewal programme initiated in 2021, A.P. Moller - Maersk (Maersk) is in the process of signing newbuilding orders and time-charter contracts for dual-fuel vessels matching the planned renewal pace of around 160,000 TEU per year. Our fleet renewal program is fundamental to maintaining competitive edge in our ocean business, and it is a cornerstone in decarbonising our operations. As the shipyard orderbooks have been filling up quickly and lead time for vessel deliveries have increased significantly, we decided to place orders and charter contracts of 800,000 TEU (twenty-foot equivalent) dual-fuel vessels, which ensures a steady flow of needed capacity for our network for the years 2026-2030 while building a competitive toolkit. (....)