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19 Retailers for 2040 Zero-carbon Ocean Shipping Ambition

Views: 20     Author: Site Editor     Publish Time: 2022-09-27      Origin: Site

On September 22, 10 new businesses joined the platform, announced by coZEV (Cargo Owners for Zero Emission Vessels).

The 10 companies are: Target, DuPont, Philips, Electrolux, Beiersdorf, Sisley, REI Co-op, ETTLI Kaffee, Moose Toys, Ohana Beverage Company.


19 Retailers for 2040 Zero-carbon Ocean Shipping Ambition
coZEV related announcements


Previously, nine companies, including Amazon, Unilever, Michelin, Ikea, Inditex Group, Patagonia, Tchibo, Brooks Running, Frog Bikes, have joined coZEV in October 2021.


So far, 19 shipper companies have joined coZEV. These companies have pledged to use zero-carbon fuel ships to transport their goods by 2040.


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According to the coZEV official website, the agency aims to bring together shipper companies with shipping needs, enabling them to decarbonize shipping by 2040. coZEV partners include Environmental Protection Fund, Marine Conservation Society, Aspen Institute.


coZEV said that the shipper companies that have joined the platform are sending an important signal to various industries that it is urgent to accelerate the decarbonization of the maritime industry chain. "By joining coZEV, global shippers are beginning the clean energy transition," said Dan Porterfield, president and CEO of the Aspen Institute.


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The transformation of cargo owners’ transportation needs is also forcing all parties in the shipping industry to accelerate the implementation of decarbonization measures.


Maersk, the world's second largest liner company, has placed multiple orders for methanol-powered container ships. Including the 13 such ships ordered last year, about 12 16,000TEU methanol-powered container ships are still planned to be ordered this year. The earliest of these ships will be delivered in mid-2023.


Another liner giant, CMA CGM, also secured its first methanol-powered containership order this year, diversifying its future fleet of energy sources. The company has previously been keen to invest in liquefied natural gas (LNG)-powered container ships.


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In addition, on September 6 this year, seven companies including the world's largest liner company Mediterranean Shipping (MSC), the world's largest container ship owner Seaspan, and oil giant Shell jointly established a new alliance to explore and develop green solutions. solutions and green technologies.


In May this year, the Lloyd's Register Offshore Decarbonization Center established Silk Alliance to formulate fuel transition strategies for container ships operating in the Asian market and promote industry cooperation. Members include Pacific Ocean Shipping, Wan Hai Shipping, Yang Ming Shipping, X- Shipping companies such as Press Feeders, as well as shipyards, fuel suppliers, etc.


In January this year, the International Chamber of Shipping (ICS) and the International Renewable Energy Agency (IRENA) signed a cooperation agreement to support the decarbonization of the global shipping industry.

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