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

Reuters Events: Global Energy Forum 2026 | invitation

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June 23rd-24th 2026New York City, USA Event websiteRegistration Peak power demand is projected to surge 26% by 2035, driven by…

  • Insights

Harnessing energy productivity for industrial competitiveness

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As we navigate the complex path to a cleaner world, energy productivity, the economic value generated per unit of energy…

  • Events

Decarb Connect Europe 2026 | invitation

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June 2nd-3rd 2026Hamburg, Germany Event websiteRegistration The next wave of industrial advantage in Europe won’t just come from smart technology breakthroughs. It will come from…

More to Explore

  • Bright Spots

ITOCHU Ammonia Bunkering Initiative | Singapore

In choosing Singapore for its ammonia bunkering initiative, ITOCHU is linking the world’s busiest port with one of shipping’s most

  • Press Release

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

  • Newsletter

Signal | Issue 25 | September 2025

There is no singular path to a clean industry transformation; we know this well, having started out developing sector transition strategies for

  • Press Release

Industry comes together around ‘real-world’ roadmap towards net zero-emissions in concrete & cement

December 4 [Washington, DC, London] Ten of the world’s largest concrete companies and cement plants, including Heidelberg, Cemex and Holcim, join architects,

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