OUR MISSION TO CUT EMISSIONS
The journey to decarbonize shipping has already begun. Working closely with our suppliers, customers, and the wider community, we are looking beyond the challenges of now into the energy solutions of the future.
NEW FUEL NEWS
Shipping needs up to $28 billion per year to switch to carbon-neutral fuels by 2050, DNV forecasts
Green hydrogen-based fuels are the best option for shipping's green transition, report finds
Costs of Climate Inaction: Shipping could face $25 billion costs per year due to climate change
Maritime sector eyes carbon price on bunker fuels as possible decarbonization solution
THE FUTURE IN
The IMO has set up targets to decarbonize shipping and meet the goal of the Paris Agreement. So where do we expect to see shipping in the future?
Transitioning your fleet to a new source of energy is a complex journey. Our team is available to share market knowledge and guide companies towards a greener future.
Select a new fuel type to learn more.
LNG produces significantly lower NOx and CO2 emissions and zero SOx emissions when burned. It is considered a stepping-stone towards the energy transition. However, it may not be a permanent fuel solution because it emits CO2.
Biofuels are fully renewable and adaptable energy sources and emit 50% less carbon emissions than traditional fossil fuels. However, biofuels require high-water consumption and an abundance of food crops to produce.
Methanol is a green-burning fuel type that is renewable and biodegradable. It has a low risk of explosion and can also be converted into hydrogen.
LPG has low CO2 emissions and is fully compliant with all present and future SOx regulations. It offers an immediate solution due to existing infrastructure, however it is highly flammable and heavy when stored onboard.
Hydrogen does not produce CO2 and GHG, and has no noise or visual pollution. But extra cryogenic storage and materials are required for it to be used as a bunker fuel.
Ammonia generated through renewable sources will not emit any CO2 or SOx when combusted. It does not need high-pressure tanks or cryogenic drawers to work. However, it is highly toxic and corrosive so safety is an issue.
IT’S A GLOBAL EFFORT
Collaborative efforts between the shipping, energy, infrastructure, and finance sectors with support from governments and authorities will accelerate the journey to decarbonization.
Decreased cost of capital and substantial investment in greener fuels
Bunkering Supply & Infrastructure
Sufficient fuel supply at all ports with new storage facilities, bunker vessels and transfer systems
Innovative fuel storage, safety, propulsion systems and selective catalytic reduction within vessel design
Increased customer awareness and urgent need for sustainable shipping
Priority access and discounts for shipping companies based on environmental criteria
A clear, legal framework for the shipping industry that is effective globally
Learn more about our projects that support our ambitions as a greener fuel partner.