Offshore wind developer Ørsted and vessel owner Esvagt on Friday announced an investment in what they claim to be the world’s first service operation vessel (SOV) that can operate on green fuels. "The SOV will be powered by batteries and dual fuel engines, capable of sailing on renewable e-methanol, produced from wind energy and biogenic carbon, which will lead to a yearly emission reduction of approx. 4,500 tonnes of CO2," Esvagt said."The maritime sector urgently needs new green fuels, which today come at a higher cost than the fossil-based alternatives.