LNG is already the industry’s clear choice as transitional fuel
Shipping faces tough decarbonisation choices
Supply chains will be critical as the maritime sector looks for alternative fuels
Shipping accounts for significant greenhouse gas (GHG) emissions, and the industry is accelerating its efforts to meet ambitious UN decarbonisation goals. But it remains unclear which competing solution—or combination of solutions—will prevail. The International Maritime Organisation (IMO) is targeting a 50pc cut in GHG emissions from shipping by 2050, relative to 2008 figures, and wants to slash the sector’s carbon intensity—the amount of CO2 emitted per ton-mile—by 40pc by 2030 and 70pc by 2050. A coalition of IMO member states —which together control a major share of the world’s shipping tonnage and include Greece, Liberia, Japan, Malta, Switzerland and Singapore—propose the organisation
Also in this section
18 February 2025
Demand for CCS to abate new gas-fired plants is rising as datacentres seek low-carbon power, Frederik Majkut, SVP of industrial decarbonisation, tells Carbon Economist
11 February 2025
Rising prices have added to concerns over CBAM impact on the competitiveness of EU manufacturing
7 February 2025
Norwegian energy company slashes spending on low-carbon sectors as transition decelerates
30 January 2025
The UAE’s oil and gas company puts its faith in technologies including CCS and AI to deliver its emission-reduction goals
