Monday 29 June 2020

Consortium launches research centre for carbon-neutral shipping

A group of companies are stepping forward towards decarbonisation of shipping by launching a new research centre.

The new non-profit body aims to develop new fuel types and technologies, which could bring the shipping industry closer to its 2050 net zero goal.

The Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping will be based in Copenhagen and has been created using a DKK400 million (£48m) donation by the A.P. Møller Foundation.

As an independent research centre, it will work across the entire shipping sector with industry, academics and authorities.

Chairman of the Board in the A.P. Møller Foundation, Ane Uggla, commented: "With this donation, the foundation wishes to support the efforts to solve the climate issue in global shipping."

The founding company partners behind this initiative include Mitsubishi Heavy Industries and Siemens Energy.