Industry Transition Strategy
Industry Transition Strategy
Industry Transition Strategy 2021
Published October 25, 2021
The maritime industry’s approach to fighting climate change has changed dramatically over the past two to three years. Ship owners have set decarbonization targets, vessels with alternative propulsion are being ordered and much more is planned. But the current Green House Gas (GHG) emissions from the maritime industry is enormous and time is scarce. In our Transition Strategy we discuss the development in maritime industry and ways for it to decarbonize.
Despite some of our data being given by the laws of physics there is still considerable uncertainty around the future pathways. We will therefore not speculate and try to predict the future. We will discuss what our current data shows and what we are able to model at this point and based on this we will outline the critical levers we have available to impact the direction, and what needs to happen over the coming years to get the maritime industry on the path towards zero carbon shipping.