Shell sets course for net-zero emissions

In its report, ‘Decarbonising Shipping: Setting Shell’s Course’, the company calls on the IMO to adopt a clear trajectory to net-zero emissions by 2050 and outlines how Shell is contributing to that goal.

“The shipping industry needs to develop the new technologies, fuels and infrastructure required for a net-zero emissions sector at a pace never previously seen,” said Grahaeme Henderson, global head of Shell Shipping & Maritime.

“This will require the determination of all of those at the forefront of this transition. We have listened to our customers and partners in the sector and we have set ourselves an ambitious course.”

Key actions Shell will undertake are to develop the use of hydrogen in a marine environment and enable commercial deployment of hydrogen across sectors, establish a consortium to trial fuel cells on a commercial deep-sea vessel and develop performance standards for application on future new-build vessels with the aim of delivering emissions savings of up to 25%.

The company has also pledged to double its existing LNG bunkering infrastructure on key international trade routes by the mid-2020s, implement emissions data collection across Shell’s internationally traded time and voyage charters, further build the commercial case for carbon neutral lubricants and work with other stakeholders, such as the Getting to Zero coalition.