Thursday 21 May 2020

Norwegian shipowners commit to carbon-neutrality by 2050

Norwegian shipowners have announced a plan for the entire Norwegian fleet to be carbon neutral by 2050.

Apart from the net zero target, the Norwegian Shipowners' Association has rolled out three goals laid out in a new climate strategy.

The goals state that members will cut their greenhouse gas (GHG) emissions by 50% per transported unit by 2030, compared to 2008.

From 2030, Norwegian Shipowners' Association members will only order vessels with zero-emission technology.

The strategy also entails an international ban from 2050 on fuel types that are not climate-neutral.

Harald Solberg, CEO of the Norwegian Shipowners' Association, said: "Norwegian shipping is taking a leading role by setting ambitious goals for the development of new and profitable green technology.

"We believe ambitious goals will help accelerate the necessary development. This means that the entire industry, in collaboration with the authorities, both nationally and internationally, must engage in developing new solutions."