The world’s largest shipping company has set out a vision to achieve zero carbon emissions by 2050, with an intermediate goal of having carbon neutral vessels commercially viable by 2030.
This is a real game changer - container ships produce 3% of the world's carbon emissions and Maersk's pledge to abandon fossil fuels and focus on finding a different way to power their assets is huge.
The Copenhagen-based company has invested $1 billion in the past four years on energy efficient solutions but this ambitious goal sends a strong signal to the maritime industry to better protect the planet.
Fascinated to see the acceleration in new innovations and adaption of new technology now this target has been set.
“The next 5-10 years are going to be crucial. We will invest significant resources for innovation and fleet technology to improve the technical and financial viability of decarbonised solutions" Soren Toft, Chief Operating Officer Soren Toft said.