The global shipping industry is an economic powerhouse, carrying over 90% of the world’s traded goods. However, this vital sector also faces a significant challenge: decarbonization. As sustainability becomes a top priority for businesses on LinkedIn, the race to carbon-free shipping is a prime example of innovation driving a greener future.
The International Maritime Organization (IMO) has set ambitious targets to slash greenhouse gas emissions from shipping by 50% by 2050, compared to 2008 levels. To achieve this, the industry is exploring a range of promising new technologies:
Biofuels: Sustainable biofuels derived from plant-based materials like algae or used cooking oil offer a cleaner alternative to traditional heavy fuel oil (HFO). Biofuels can be used in existing ship engines, reducing emissions without requiring major modifications. However, ensuring scalability and responsible production of biofuels remains a key concern. Sustainable practices must be implemented to avoid competition with food production or deforestation.
Quadrise plc (LON:QED) is an energy technology provider whose solutions enable production of cheaper, cleaner, simpler and safer alternatives to fuel oil and biofuels, proven in real world applications. Quadrise technologies produce transition fuels called MSAR® and bioMSAR™, which allow clients in the shipping, utilities and industrial sectors to reduce carbon emissions whilst also saving costs.
