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Maersk targets ‘carbon neutrality’ goal for shipping ops by 2050

07 Dec 2018

Danish business conglomerate Maersk is targeting its maritime shipping operations to reach “carbon neutrality” by 2050, it says.

To achieve this goal, carbon neutral vessels must be commercially viable by 2030, and an acceleration in new innovations and adaption of new technology is required.

To date, Maersk’s relative CO2 emissions have been reduced by 46% (baseline 2007), approx. 9% more than the industry average.

As world trade and thereby shipping volumes will continue to grow, efficiency improvements on the current fossil based technology can only keep shipping emissions at current levels but not reduce them significantly or eliminate them.

“The only possible way to achieve the so-much-needed decarbonisation in our industry is by fully transforming to new carbon neutral fuels and supply chains,” says Søren Toft, Chief Operating Officer at A.P. Moller – Maersk.

Given the 20-25-year life time of a vessel, it is now time to join forces and start developing the new type of vessels that will be crossing the seas in 2050, he adds.

“The next 5-10 years are going to be crucial. We will invest significant resources for innovation and fleet technology to improve the technical and financial viability of decarbonised solutions,” he says.

“Over the last four years, we have invested around USD 1bn and engaged 50+ engineers each year in developing and deploying energy efficient solutions. Going forward we cannot do this alone.”

In 2019, Maersk is planning to initiate open and collaborative dialogue with all possible parties to tackle together one of the most important issues in the world; the climate change.

Photo credit: Maersk
Published: 7 December 2018

 

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