Shipping Sector Aims Zero Carbon Shipping by 2050

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  • Top shipping industry stakeholders are joining forces through the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping.
  • They are A.P. Moller – Maersk, MAN Energy Solutions, Mitsubishi Heavy Industries, NYK
    Line, Seaspan Corporation and Total.
  • The main aim is to assess the technical, financial and environmental potential of converting existing vessels to zero carbon fuels and -technology.
  • It is a part of the transition to a global zero carbon fleet by 2050.

A recent news article published in the Zero Carbon Shipping reveals that Industry Partners join forces to assess the technical-, financial- and environmental potential of converting
existing vessels to zero carbon fuels and -technology as part of the transition to a global zero carbon fleet by 2050.

What is the main aim of the project?

The main purpose of the project is to assess conversion options and de-risk asset investments by analyzing the emission reduction potential as well as techno-economic opportunity of converting vessels currently fueled by fossil-based fuels to zero or neutral carbon fuel solutions.

In addition, the project will identify a number of technical modifications of relevance for today’s new buildings to reduce the cost of future conversions, thus minimizing the associated financial risk for ship owners.

What will the project partners address?

The project partners will address various vessel types including container-, tankers- and bulk-carriers and their potential conversion from conventional fuel oil, or integration with more recent fuels such LNG and LPG, to enable pathways with future solutions such as Ammonia or Methanol as well as the application of onboard Carbon Capture and Storage.

Who facilitates the project?

The project is facilitated by the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping and fully funded by the involved parties.

As Strategic Partners to the Center, the Partners have committed to the Center’s collaboration model by which they assign experts to the Center as secondees working at the Center and with other partners through projects and activities.

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Source: Zero Carbon Shipping

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