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

Global Project Tracker | latest in-depth data

Further reading | Shipping
  • Reports

Steel’s transformation 共建绿色钢铁供应链  | China report

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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
  • Insights

Letter calling for increased ambition in Industrial Accelerator Act

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  • 15 businesses and organisations have written to the EU’s co-legislators
  • Signatories call for increased ambition to attract new investment
  • Europe has a pipeline of 100+ clean projects – estimated €85 billion in investment potential – needing market certainty to reach FID
  • IAA’s current requirements for aluminium, concrete and steel – sit below the capacity already in development
  • Insights

Mass balance: building trust in clean industry’s supply chains

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Tool for decarbonising heavy industry. Our report: Principles and Guardrails for Credible Mass Balance Claims gives buyers, producers and standard setters a clear framework for designing and assessing credible mass balance claims.

More to Explore

  • Bright Spots

Repsol Ecoplanta | Spain

Repsol Ecoplanta is turning waste into renewable methanol at Europe’s first circular commercial plant, demonstrating a new model for chemicals and fuels.

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

  • Bright Spots

First Ammonia | USA

First Ammonia is building a 250 kt/y green ammonia project in Texas as a replicable model, securing early offtake and demonstrating competitive commercial viability.

Read the full case study on our Build Clean Now campaign website
First Ammonia

  • Reports

Clean industry rising: the foundation of resilient value chains | report overview

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.

  • Bright Spots

Holcim OLYMPUS | Greece

Holcim’s €400M OLYMPUS project in Greece is building a direct source-to-sink CCS value chain in the Mediterranean to capture 1 Mtpa of CO2 from an isolated cement plant.

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

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