Transforming Shipping

Transformation of the shipping industry is scaling of clean fuels | critical factors
  • Clean ammonia: scaling up the use of green hydrogen production, with smaller roles for blue hydrogen and alternative pathways like methane pyrolysis and biomass-based hydrogen.
  • Clean methanol: replace natural gas with a clean energy source such as green hydrogen or biomass; use synthetic CO2; capture process emissions.

Robust demand from shipping can de-risk business cases for green hydrogen production that can serve multiple industries.

Global burden of shipping fuels

Industry-endorsed strategy

In 2021, we developed a Shipping Transition Strategy in collaboration with a diverse set of industry leaders. This provides a shared vision for a clean shipping future, modelling of pathways, real economy milestones and the industry, policy and finance actions required to get there. Assumptions have not been updated since publication, but the STS still represents a quantitative reference point.

Sector Transition Strategy documents

Report | Making net-zero shipping possible

Industry-backed 1.5°C aligned transition strategy download

Further reading | Shipping

• China is home to 1 in 2 of the world’s clean industrial plants
• A record 36 FIDs in 12 months
• A step change for the new industrial sunbelt as capital hits six projects
• 1,027 projects in development, worth $4.8 trillion in investment potential
• Sustainable aviation fuel (SAF) accounts for one in three major investments

China and a growing group of renewables-rich emerging economies are attracting an increasing share of investment in clean industry, according to the latest findings from Mission Possible Partnership’s Global Project Tracker, supported by the Industrial Transition Accelerator (ITA). Clean industry, powered by renewable energy, is redrawing the world’s industrial map as projects move from the drawing board to construction.

China is one of a number of countries across the East Asian region where the steel sector is facing a pivotal moment, this is the second in a series of reports where we examine the opportunities for countries to reinforce the foundations of their industrial strength.

Steel’s transformation | China report 2026 | English download

共建绿色钢铁供应链 | China report 2026 | Chinese download

More to Explore

2026 is on track to be the strongest year for clean industry investment to date. 19 commercial-scale projects worth $43 billion reached final investment decision (FID) in the last six months, more than double the pace of a year earlier, despite ongoing geopolitical headwinds.

• China is home to 1 in 2 of the world’s clean industrial plants
• A record 36 FIDs in 12 months
• A step change for the new industrial sunbelt as capital hits six projects
• 1,027 projects in development, worth $4.8 trillion in investment potential
• Sustainable aviation fuel (SAF) accounts for one in three major investments

China Hongqiao Group is moving over 60% of its aluminium production from coal-based Shandong to renewables-rich Yunnan Province to accelerate its major decarbonisation strategy.

Read the full case study on our Build Clean Now campaign website
China Hongqiao Group

ITOCHU’s Singapore Ammonia Bunkering project is driving forward the use of clean ammonia as a marine fuel

Read the full case study on our Build Clean Now campaign website
Bright Spot | ITOCHU

Subscribe to our newsletter

Discover how we advance clean industry transformation globally, be first to know our latest news, projects, reports and events. 

Unsubscribe at any time.

"*" indicates required fields

Name*
Your area of activity

By submitting this form, you acknowledge that your details will be processed by Mission Possible Partnership in accordance with our Privacy Policy . You can unsubscribe from our communications at any time.

Download

Please enter your email to download our reports

Unsubscribe at any time.

"*" indicates required fields

Name*
Your area of activity

Download

Please enter your email to download our reports

Unsubscribe at any time.

"*" indicates required fields

Name*
Your area of activity

Download

Please enter your email to download our reports

Unsubscribe at any time.

"*" indicates required fields

Name*
Your area of activity

Download

Please enter your email to download our reports

Unsubscribe at any time.

"*" indicates required fields

Name*
Your area of activity

Download

Please enter your email to download our reports

Unsubscribe at any time.

"*" indicates required fields

Name*
Your area of activity