Ocean-going vessels are the most important means of transport for the international exchange of goods – and also the one with the lowest CO2 emissions: to transport one container one kilometre, a truck emits around 14 times as much CO2 as a modern cargo ship. Overall, at around 100,000 units, maritime shipping accounts for less than three per cent of global greenhouse gas emissions. Nevertheless the industry is aware of its responsibility to make its contribution, with complete decarbonisation of shipping as the core objective.
The IMO adopted an initial strategy to reduce greenhouse gas emissions back in 2018. These targets were tightened significantly in 2023: the industry is now aiming for net-zero emissions by 2050. VDR supports this goal and is committed to a rapid transformation. The focus is on the development and use of climate-neutral fuels such as methanol, ammonia and hydrogen, as well as investments in energy-efficient technologies and state-of-the-art ships.
With the European Green Industrial Deal, the EU aims to become the first climate-neutral continent by 2050. This means for shipping:
- Integration with EU emissions trading
- Implementation of the FuelEU Maritime Initiative
German shipping companies are already making their contribution to these goals: they are paying for CO2 emissions, investing in new propulsion technologies, and are actively driving the modernisation of their fleets.
With the “Fit for 55” package, the REPowerEU plan, and the Circular Economy Action Plan, the EU is pursuing one common goal: a climate-neutral Europe by 2050. The purpose of Fit for 55 is to reduce CO2 emissions significantly, while REPowerEU aims to achieve a secure and independent energy supply. The action plan for the circular economy ensures that raw materials are used more efficiently, and waste is reduced. Together, these measures form the foundation for the sustainable transformation of the EU’s economy and industry.
Together with the European Shipowners’ Association (ECSA), VDR is actively involved in the EU processes. In particular, VDR is committed to harmonising European and international regulations to avoid double regulation and double burdens.
The path to climate neutrality is challenging – technically, logistically and financially. It not only requires new ships, but also a modern, efficient port infrastructure and the availability of affordable, climate-neutral fuels.
Shipping is a global industry – over 90 per cent of world trade occurs by sea. Greenhouse gas emissions know no national borders. This is why the industry is committed to implementing uniform world-wide standards. This is the only possible way to achieve climate targets effectively and fairly without distorting competition.
