Denmark Launches Strategy for Climate Neutral Shipping

Denmark’s shipowner’s organization, Danish Shipping, has launched a new strategy to accelerate the global green transition of shipping. The new “Towards Zero” process is for the next three years and will replace the “Ahead of Curve” strategy. Towards Zero strategies have been brought in to make at least 5% of the Danish operated fleet capable of running on available alternate zero-emission fuels such as hydrogen, methanol, green ammonia, etc., by 2030 and switch entirely to climate neutral shipping by 2050.

The shipowner organization said that with the new strategy, it would be possible to strengthen the shipping company’s climate reporting, utilize the Danish Shipping company’s potential in offshore wind energy, carbon capture, and storage, and cast a tangible impression on the European climate package. Through the “Towards Zero” strategy, Danish Shipping will be working to overcome political and regulatory financial barriers that stand in the way to global climate-neutral shipping.

Jacob Meldgaard, CEO of Torm and Chairman of Danish Shipping, said that Denmark being a huge maritime nation, has an obligation to play a positive role in the green transition of global shipping. He said that together with the government, they could show climate-neutral shipping in Denmark and globally.

The organization will also be working towards skill development so that shipping companies have a workforce ready with the required skill set. Acknowledging the scarcity of people with the needed skill set in short sea shipping and offshore vessels, Melgaard said that in the future, the new strategy would require shipping companies to guarantee 400 training places at sea per year, taking the growth of the Danish fleet in account.

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