Maersk sets goal to be carbon neutral by 2050

Maersk has announced its goal to reach carbon neutrality by 2050, aiming to accelerate the industry’s transition to carbon neutral shipping.

In order to achieve this, the carrier has stated that carbon neutral vessels must be commercially viable by 2030 and an acceleration in new innovations and adaptation of new technology is required.

In Maersk’s view, as world trade and shipping volumes continue to grow, efficiency improvements on the current fossil based technology will only keep emissions at current levels but not reduce them significantly or eliminate them.