Supply Chains

3 actions the industry can take to decarbonize shipping

Decisive action is needed to decarbonize shipping. Image: Unsplash.

Stamatis Bourboulis

General Manager of Euronav Ship Management and Co-chair, Getting to Zero Fuels & Technologies Workstream

Randall Krantz

Senior Project Advisor on Shipping Decarbonization, Global Maritime Forum / Getting to Zero Coalition

Lara Mouftier

Interim Project Lead Shipping Emissions and Ocean Agenda, World Economic Forum / Getting to Zero Coalition

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Stamatis Bourboulis

Figure 1: Green hydrogen from electrolysis likely to become the cheapest clean production route in the long-term.In favourable locations it could be competitive with blue hydrogen in the 2020s. Source: Energy Transition Commission (2021).

Figure 2: Amount of newbuilding and retrofitting to zero-emission fuels. Source: UMAS and Getting to Zero Coalition (2021). decarbonize shipping
Figure 3. Ammonia, methanol and methane are viable deep sea shipping fuels, while compressed and liquid hydrogen are not.

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Related topics:

Supply ChainsEnergySDG 13: Climate Action

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