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

Clean industry: redrawing the map

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• 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
  • Press Release

China and emerging sunbelt economies overtake developed world with $50 bn clean industry investment in 2026

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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.
  • 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

More to Explore

  • Press Release

Heavy industry could grow global output while using up to 45% less energy by 2050

  • 30-50% of costs for heavy industry come from energy consumption
  • 25-45% reduction in energy use is achievable through energy productivity measures
  • c.40-60% reduction in “green premiums” for aviation and shipping by combining energy productivity with decarbonisation
  • 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

Envision Chifeng Green Hydrogen Net Zero Industrial Park | China

Green hydrogen and ammonia are essential for the transformation to clean industry and the Chifeng Green Hydrogen Net Zero Industrial Park is leading the way.

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

  • Press Release

New MPP global project tracker reveals heavy industry transition has started but needs to accelerate sevenfold to meet 2030 climate targets

Tracker maps announcements, final investment decisions and operations of net-zero-aligned projects across critical industrial sectors globally. The pipeline is growing, but rapid acceleration is needed. MPP urges collective action by governments, companies, and financial institutions to unlock investment barriers and fast-track progress.

VISIT | Global Project Tracker

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