Maersk Creating an Ecosystem for Green Shipping
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As mentioned earlier, the global economic slowdown and volatility has led to lowering the demand for the world’s leading container shipping lines. However, Maersk Line and other top shipping companies have found an opportunity in the green shipping market as this can be a boon for their business. Maersk has been the pioneer in green shipping and is currently offering a unique green container shipping service to customers. The service offers ships that emit significantly less carbon dioxide, methane and other greenhouse gases. In this paper, I will
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In recent years, a series of environmental challenges and technological advancements have driven a demand for green shipping. According to UNFCCC, “2019: The International Year of Sustainable Transport”, over 1.5 billion people are transported by sea, accounting for 44% of global trade. However, these activities have a massive environmental impact, especially in terms of greenhouse gas (GHG) emissions. Shipping accounts for approximately 3-6% of the world’s total carbon footprint, making it
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Maersk’s Shipping Lines’ Green Shipping Ecosystem is a step closer to reality after a series of trials in the open ocean. As part of a collaboration with the technology company Vessel Networks, the container carrier’s Ocean Cars fleet is among the first to use AI to optimize fuel consumption by up to 5% on some routes. One route used by Ocean Cars is the West Africa-Mauritania-West Africa route, which is 3,000 nautical miles long. Vessel Network
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