Maritime Decarbonization

Global shipping is the backbone of international trade, but it comes at a cost—contributing 3% of global CO₂ emissions. Mounting regulatory pressures, such as the EU’s extended Emissions Trading System and the IMO’s net-zero targets, are driving the need for cleaner solutions. Long asset lifespans of 20-40 years make it challenging to replace fossil-based fleets, while the inherent conflict between cost-conscious ship owners and operators adds further complexity. As the industry transitions to a multi-fuel future, emerging solutions like ammonia, methanol, electrification, advanced biofuels, and carbon capture offer promising pathways to balance cost, infrastructure, and operational realities.