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

Events

Steel’s Transformation Moment │ coming soon

20 Jul 2026

APAC│Events│steel

13 August 2026 | Korean Chamber of Commerce and Industry

Mission Possible Partnership and the Korea Chamber of Commerce and Industry are hosting a dialogue on the core enabling conditions needed to commercialise low-carbon steel production in Korea.

Insights

Europe’s ETS windfall should fund clean industry market making

16 Jul 2026

clean industry│Europe│Global Project Tracker

The European Commission is deliberating a revision of the European Trading System – the flagship instrument of climate policy
Lobby groups are pushing hard to extend the free credit allowances and push back the 2040 horizon. This is a crucial juncture
Europe’s resilience and competitiveness are at stake
Europe’s growing ETS revenue can be redirected to mechanism that create demand certainty and unlock clean industrial investment

Events

Reuters Events: Global Energy Forum 2026 | coming soon

24 Jun 2026

Economic growth│energy transition│Event│USA

Reuters Events: Global Energy Forum 2026 brings together 600+ senior leaders from across energy, finance, technology and policy to address the decisions reshaping global energy markets.

More to Explore

Press Release

14 Nov 2024

Call to unlock demand for low-carbon products and accelerate industrial projects worth $1 trillion

14th November 2024 – Governments must urgently act to stimulate demand for low-and near zero-carbon materials, chemicals and fuels to accelerate

Press Release

19 Jun 2025

New ‘industrial sunbelt’ set to overtake the world’s biggest economies in clean industry race

China remains the frontrunner in clean industry development, securing a quarter of the $250 billion of investment in clean plants

Press Release

04 Nov 2025

A new dawn for industry with over 1,000 clean projects in development worldwide, setting the stage for near-term acceleration

São Paulo, 4 November 2025 – Today, the Industrial Transition Accelerator (ITA) and Mission Possible Partnership (MPP) announced that clean industry

Bright Spots

05 Jan 2026

Holcim OLYMPUS | Greece

Holcim’s OLYMPUS project is testing a new model for cement decarbonisation in a challenging setting. By building a direct source-to-sink