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 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

  • 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

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

A rare bit of positive news in a turbulent year: clean industry investment is accelerating. Data from our newly-published Global Project Tracker update shows that 19 commercial-scale clean industrial projects reached final investment decision in the past six months – more than double the pace of a year ago.

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

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

In this months’ Singal issue we dive into the latest insights from our Global Project Tracker in the new report ‘Clean industry: transformational trends’.

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