World’s Largest Shipping Company is Ditching Fossil Fuels and Challenging Their Competitors to Do the Same

Source: Good News Network

The world’s largest maritime shipping company has just announced that they are ditching fossil fuels in a bid for carbon neutrality – and they are challenging other companies to do the same.

According to the United Nations, oversea shipping contributes to roughly 3% of the world’s total carbon emissions while handling 90% of the world’s trading.

Though phasing out fossil fuels will prove to be difficult, Danish-based shipping company Maersk plans to lead the shift towards sustainability by investing in renewable fuel sources and cleaner shipping models.

“The only possible way to achieve the so-much-needed decarbonization in our industry is by fully transforming to new carbon neutral fuels and supply chains,” says Søren Toft, Chief Operating Officer at Maersk.

“The next 5 to 10 years are going to be crucial. We will invest significant resources for innovation and fleet technology to improve the technical and…

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