We have to act now!

Decarbonization will not work without a legal framework, and compliance with this framework has top priority! The IMO and the EU are following their green agenda and successively implementing respective directives. We have taken this into account in our decarbonization strategy.

It will take time before renewable fuels are more widely available. But we need to act now. Waiting is not an option, that’s why we have already started with our fleet efficiency program.

The technology to use renewable fuels is not the bottleneck. It is the resources and facilities needed to produce the required renewable fuels, such as renewable electricity and the production facilities for green hydrogen and its derivatives methane, methanol and ammonia. We have accepted the challenge and will do our part as demand for renewable fuels grows.  

The potential for reducing GHG emissions by lowering fuel consumption is valuable but limited. The big leap will come with renewable fuels, and this will require new vessels with the appropriate propulsion and fuel technology.