Mr Johnson states that shipping accounts for the 2-3% of CO2 emissions so the sector is in a powerful position to help create a carbon-neutral future by 2050.

In lights of these attempts, Maersk set ambitious goal in 2018 of having net-zero CO2 emissions from operations by 2050.

Søren Toft, Chief Operating Officer of Maersk comments

The only possible way to achieve the so much needed decarbonisation in our industry is by fully transforming to new carbon-neutral fuels and supply chains.

Because a vessels lives around 20-25 years, Maersk should have carbon neutral vessels by 2030 to achieve the 2050 target. This step will be boosted by the development of new fuels and vessel technologies, as well as by optimising networks.

The only possible way to achieve the so much needed decarbonisation in our industry is by fully transforming to new carbon-neutral fuels and supply chains.

added Søren Toft.

In the meantime, Maersk supports that collaboration is the key for the change that the shipping industry wants to see. Technology itself can't do much, as cooperation and innovation across the industry will boost attempts for a carbon-neutral future.

As Toft noted

Going forward we cannot do this alone.

Moreover, John Kornerup Bang, Head of Sustainability Strategy and Chief Advisor on climate change at Maersk added that the carbon-free future will not come only by developing new ship designs or fuel types; The key is the construction of a new supply chain and the changing incentive structures in the market to support these new solutions is very important.

Concluding, for year 2019, Maersk is open to a collaborative dialogue with interested parties to find solution on how to stop climate change.