Like many other parts of the economy for which direct electrification of battery use is not economically viable, shipping can use renewable energy stored as hydrogen or a variant of hydrogen.
The first regulations designed to support the IMO’s greenhouse gas (GHG) reduction targets are on the near horizon, but there are more regulatory hurdles to consider.
The International Maritime Organisation’s fourth Greenhouse Gas Study highlights that the shipping industry has continued its trend of decoupling emissions growth from the global growth of seaborne trade.
Maersk Drilling has entered an agreement to invest USD 1m in the California-based company Clean Energy Systems to help develop a new technology called Carbon-Negative Energy.
