The Maersk Mc-Kinney Møller Center for Zero Carbon Shipping has welcomed CF Industries amongst its partners committing to a long-term collaboration towards net-zero solutions across the maritime industry.
CF Industries has pledged to support global decarbonisation by producing nearly 2 million tons of low-carbon ammonia production capacity by 2024.
The Maersk carbon cutting group has praised the new partnership, affirming that their shared agenda will help to accelerate the transition to a more sustainable development.
“As the world transitions to low carbon alternative energy sources in order to realise net zero carbon emissions, collaboration across industries is critical to accelerate the development of achievable solutions,” said Tony Will, President and CEO, CF Industries Holdings, Inc.
“We believe ammonia has an important role to play in the world’s transition to clean energy and is a particularly promising approach for the maritime industry.
“We look forward to sharing our expertise with the Center and working together to develop the roadmap to decarbonise maritime shipping.”
The Maersk Center has added that achieving the long-term target of decarbonisation will require more than new fuel types, calling for a systemic change within the industry to implement new legislation for funding net-zero solutions.