Maersk sets out to become carbon neutral by 2050

Maersk sets out to become carbon neutral by 2050

Maersk has set out to become carbon neutral by 2050. To achieve this goal, it has said carbon neutral vessels must be commercially viable by 2030, and an acceleration in new innovations and adaption of new technology is required.

In a promo video issued by the Danish carrier, the box giant showed a concept vessel design of the future (pictured).

Maersk’s claims its relative CO2 emissions have been reduced by 46% from 2007 levels, which it maintains is approximately 9% more than the industry average.

“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,” said Søren Toft, chief operating officer at A.P. Moller – Maersk, adding: “The next five to 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. Over the last four years, we have invested around $1bn and engaged 50+ engineers each year in developing and deploying energy efficient solutions. Going forward we cannot do this alone.”

Next year, Maersk said it will initiate open and collaborative dialogue with all possible parties to move towards a decarbonised shipping future.

In April this year, IMO member states agreed to halve shipping’s greenhouse gas emissions by 2050, compared to 2008 levels. Maersk’s commitment to get to zero percent by the date is the most ambitious target set by a shipping major to date.

 

Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.

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