Shipping majors bet on different decarbonization paths

Hydrogen, LNG, ammonia, electricity and then there is methanol and LPG – the bids are many and so are the answers when you ask big shipping companies such as Maersk, Ardmore, Exmar and Shell about the fuel solution of the future. What they do agree on, however, is that the time to act is now.

Photo: PR-foto Green Instruments/69734198

The answers vary greatly when you ask shipping executives around the world which fuel and technology one should invest in to lower the industry's large climate footprint.

The multitude of answer became clear Thursday this week during the Capital Link conference where large shipping companies including Maersk, Ardmore, Exmar and Shell presented their bids for what fuel will be the one for the future.

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