Saving billions on bunkers

In 2011, Maersk Line consumed 9.4 million tonnes of fuel for a final bill of USD 5.8 billion

Maersk 2017

Fuel is the single largest annual cost for Maersk Line. And as the company aims return to profitability, slashing the fleet's fuel consumption comes with a multi-billion dollar incentive.

In 2011, with average bunker fuel prices rising more than 35% during the year, Maersk Line consumed 9.4 million tonnes of fuel for a final bill of USD 5.8 billion.

At the same time, as bunker prices were rising, the prices Maersk Line customers were paying to ship a container from A to B were plummeting, creating a lethal combination for Maersk Line's year-end profit.

Press contact

Louise Münter

Louise Münter

Head of Corporate Communication, Energy division

Denmark

+45 4048 6634

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