Oil’s days as shipping fuel are numbered
Forget the sulphur cap—shipping industry’s biggest disruption will come from carbon rules
In December, the world's largest shipping company, Maersk, announced that it would transform its entire business to reach zero carbon emissions by 2050. This goal goes beyond the landmark agreement of governments at the International Maritime Organisation (IMO) in April 2018 to "at least halve" the shipping sector's greenhouse gas emissions by 2050. As Maersk acknowledges, reaching zero emissions requires fundamental changes in how ships are powered, ending the combustion of bunker fuel. However, we have yet to hear from bunker companies on whether they plan to adapt and accompany their biggest customer on this energy transition, or just go out of business. How long have they got? Because co
Also in this section
20 June 2025
The scale of energy demand growth by 2030 and beyond asks huge questions of gas supply especially in the US
20 June 2025
The Emirati company is ramping up its overseas expansion programme, taking it into new geographic areas that challenge long-held assumptions about Gulf NOCs
19 June 2025
Geopolitical uncertainty casts a pall over expectations around demand, supply, investment and spare capacity
19 June 2025
Shifting demand patterns leaves most populous nation primed to become downstream leader as China and the West retreat
