PRESENTATION: Maritime Decarbonisation – The what, the where and the how?

SYNOPSIS

Maritime decarbonization refers to the process of reducing greenhouse gas (GHG) emissions from the shipping industry to mitigate climate change. The shipping industry is responsible for approximately 2-3% of global GHG emissions, and as such, there is a growing urgency to reduce its carbon footprint.

What: The main focus of maritime decarbonization is to shift towards cleaner fuels and technologies, such as low-carbon fuels like hydrogen, ammonia, and biofuels, and zero-emission technologies such as electric and fuel cell propulsion. In addition, improvements in ship design, operational efficiency, and supply chain optimization can also contribute to reducing emissions.

When: The International Maritime Organization (IMO) has set targets to reduce carbon intensity by 40% by 2030 and to achieve carbon neutrality by 2050. These targets are aligned with the goals of the Paris Agreement to limit global warming to well below 2°C above pre-industrial levels.

How: The maritime industry can achieve decarbonization