Maersk and partners launch Center for Zero Carbon Shipping
Byon June 25, 2020
This morning, the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping was announced. Launched with a “start-up donation” of DKK 400 million (USD 60 million) from the A.P. Møller Foundation, this new research institute intends “to develop new fuel types and technologies” to decarbonize the maritime sector.
Behind the Center for Zero Carbon Shipping is a significant industrial consortium with seven founding members (actively seeking additional partners): ABS, A.P. Moller – Maersk, Cargill, MAN Energy Solutions, Mitsubishi Heavy Industries, NYK Lines, and Siemens Energy.
The center will be a non-profit organization, set up as a commercial foundation with a charitable purpose. As an independent research center, it will work across the entire shipping sector with industry, academia and authorities. A highly specialized, cross-disciplinary team will collaborate globally to create overviews of decarbonization pathways, accelerate the development of selected decarbonizing fuels and powering technologies, and support the establishment of regulatory, financial and commercial means to enable transformation …
During the first two to three years the center will recruit around 100 employees to the Copenhagen-based office and collaborate with new partners across the globe. The founding partner companies have committed one-third of the needed staff, the remaining two-thirds will be recruited independently. In addition to leadership and administration, the Center staff will include subject matter experts in energy, fuels and ship technology as well as regulatory affairs, finance and the global energy transition.Maersk announcement, New research center will lead the way for decarbonizing shipping, June 25, 2020
Although there are very few details at this stage, this initiative is likely to have a profound impact on the speed and certainty of decarbonization throughout the maritime industry.