World’s Largest Shipping Company is Ditching Fossil Fuels and Challenging Their Competitors to Do the Same

Image result for The world’s largest maritime shipping company has just announced that they are ditching fossil fuels in a bid for carbon neutrality – and they are challenging other companies to do the same. According to the United Nations, oversea shipping contributes to roughly 3% of the world’s total carbon emissions while handling 90% of the world’s trading. Though phasing out fossil fuels will prove to be difficult, Danish-based shipping company Maersk plans to lead the shift towards sustainability by investing in renewable fuel sources and cleaner shipping models. “The only possible way to achieve the so-much-needed decarbonization in our industry is by fully transforming to new carbon neutral fuels and supply chains,” says Søren Toft, Chief Operating Officer at Maersk.
At the end of 2016, Maersk had reduced carbon emissions by 42% per container and reduced their total amount of carbon emissions by 25%.

The world’s largest maritime shipping company has just announced that they are ditching fossil fuels in a bid for carbon neutrality – and they are challenging other companies to do the same.

According to the United Nations, oversea shipping contributes to roughly 3% of the world’s total carbon emissions while handling 90% of the world’s trading. Though phasing out fossil fuels will prove to be difficult, Danish-based shipping company Maersk plans to lead the shift towards sustainability by investing in renewable fuel sources and cleaner shipping models.

“The only possible way to achieve the so-much-needed decarbonization in our industry is by fully transforming to new carbon neutral fuels and supply chains,” says Søren Toft, Chief Operating Officer at Maersk.  MORE

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