Liner Shipping: The Critical Pathways to Zero Carbon Shipping

The challenging road to zero carbon shipping

Transitioning global shipping from a carbon dependent industry into one that operates without greenhouse gas (GHG) emissions is a massive task.

It will be a complex multi-technology, multi-stakeholder development process that needs to be driven and supported by a range of mutually reinforcing global regulations.

Maritime actors, technology providers, fuel innovators, organisations and regulators will need to work together if we are to decarbonise shipping at the necessary pace.

Liner shipping – owners and operators of container and roro vessels - are already investing in the development of zero carbon technologies and fuels, and more ideas and projects in the pipeline.

But to make these investments, to take the necessary risks, we – and all other maritime actors - need a regulatory framework that addresses the key strategic issues.

In June, the member nations of the IMO will consider further development of IMO’s GHG Strategy – a great opportunity to come together for progress.

The six critical pathways to zero carbon shipping

  • Global Carbon Price

  • New Building Standards

  • Fuel Life Cycle

  • Fuel Supply Development

  • Green Corridors

  • R&D Investment

Global Carbon Price

A global price on carbon combined with dependable and broad-based “buy down” programmes that effectively level the playing field among newer low and zero GHG ships and the tens of thousands of ships that will still be burning conventional fuels. 

This will play a large role in making it possible for companies to put zero GHG ships on the water and to operate them competitively. 

New Build Standards

New build standards that support the energy transition, such as requiring ships built after a certain date to be able to operate on zero GHG fuels or not allowing the construction of vessels that operate on fossil fuels alone after a certain date. 

Well-to-wake Fuel Life Cycle

Transparent well-to-wake life cycle analysis of fuels, breaking out well-to-tank emissions and tank-to-wake emissions, combined with regulatory mechanisms to incentivize first-movers for use of alternative fuels that offer significant GHG reductions even if they are not available from fully renewable sources from the start. 

Fuel Supply Development

Integrated development of global production and supply of zero GHG fuels through partnerships between IMO member states and energy providers, as well as regulatory provisions that allow for flexibility in the initial stages of the energy transition, given that zero GHG fuels will not be available at the same time around the globe. 

Green Corridors

A Green Corridors Programme to accelerate an equitable fuel and technology transition, introducing zero GHG ships and fuels across trade lanes where the necessary shoreside energy infrastructure is first available, to learn and develop best practices as well as for the IMO member states and interested parties to focus on government-to-government initiatives and coordinated public-private investments to build the necessary production facilities and supply infrastructure. 

R&D Investment

Applied R&D for shipboard and shoreside systems that allow the safe use of zero GHG fuels is necessary to put zero emission ships on the water.

To avoid accidents and stranded assets, a significant increase is needed in the level of effort and investment to develop the technologies necessary to use the most promising fuels onboard transoceanic ships. 

The path to zero carbon shipping

A successful and efficient energy transition requires an expanded IMO GHG Strategy that addresses each and every one of these elements.

We are looking forward to working with member states and organisations develop and integrate them into explicit regulations and programmes. 

Moving forward together

Liner shipping wants to decarbonise shipping as soon as possible and are willing to continue to lead the way in enabling shipping’s transition to zero. 

But we cannot do this alone. 

Action is needed now by the governments represented at the IMO so as not to stall development but support ambitious innovators and front runners. 

For the sake of future generations, our focus in the coming years must be to develop and implement innovative, concrete and equitable global regulatory frameworks. 

It is time to move from ambition to action, and work together to get zero emission vessels on the water. 

Moving forward together