[Watch] Can Carbon Free Shipping be a Reality by 2030?

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  • “Decarbonising Shipping: All Hands on Deck” is a joint report by Shell and Deloitte that captures the industry view of how to decarbonise shipping.
  • It presents a roadmap of how the industry could meet the International Maritime Organization’s ambition to reduce shipping emissions within decades.
  • Shell has published a joint report with Deloitte that outlines industry perspectives of how to accelerate decarbonisation of the shipping sector.
  • “Decarbonising Shipping: All Hands on Deck” presents the views of 80 senior shipping executives, representing 22 countries and almost all segments of the industry.

A recently published news in the Shell deals with the report that presents 12 solutions, or recommendations for action.

Why decarbonise?

Shipping is the backbone of the global economy. It is by far the most efficient mode of freight transport and transports approximately 80% of the world’s trade volume, according to the United Nations Conference on Trade and Development (UNCTAD).

However, as the industry’s development continues, it generates increasing carbon emissions from shipping.

The International Maritime Organization (IMO) has set an ambition to reduce the carbon intensity of emissions from shipping by at least 40% by 2030, and 70% by 2050, compared with 2008 levels.

To achieve this, the shipping industry needs to unite in taking urgent action.

Today, there is an opportunity to create a new paradigm through a set of manageable, practical solutions that could break the deadlock and accelerate decarbonisation.

Making this happen requires collaboration within the shipping industry itself, across the broader shipping ecosystem and with other sectors.

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Source: Shell