Mitsubishi Heavy Industries Group (MHI), announced that it makes efforts to develop and commercialize new technologies and solutions to achieve future zero GHG emissions as well as to demonstrate its function as a system integrator.
s informed, MHI promotes group-wide activities to reduce CO2 emissions and achieve net-zero emissions across the entire value chain.
The market environment surrounding the shipping and shipbuilding industry is recovering in terms of orders for new ship buildings, particularly container ships and LNG carriers.
However, it does not appear to be on a quick recovery track due to the short-term impact of rising fuel prices and stricter environmental regulations (EEXI, CII compliance, etc.), as well as the assessment of future carbon-free fuels and the approach to bridge fuels in the meantime.
As the movement toward carbon neutrality and zero emissions progresses to counter the threat of global climate change, we believe the biggest challenge is developing and applying new products and systems in response to the transition to new fuels.
We have already announced that we are a founding member of the Mærsk Center, a research organization that promotes the decarbonization of the maritime industry, and we are participating in various projects to obtain information on rules and regulations ahead of time and to gain insights on future directions.