Green shipping 

Maritime transport is an essential component of the global supply chain. Currently, though, it accounts for approximately 3% of the world’s greenhouse gas emissions. It is considered one of the hardest industries to decarbonise.

However, there have been significant developments over the last few years. Several leading global shipping organisations are driving transformation. The introduction of cleaner fuel sources and newer fleets with more efficient technologies has the potential to dramatically decrease the carbon footprint of the industry.

A&O are at the forefront of green shipping. Our specialist team includes energy transition, infrastructure and shipping industry experts. They have experience advising on the development and financing of decarbonised vessels and zero or low carbon fuel sources, and their required infrastructure.

We advise industry leaders on pioneering decarbonisation projects, including a global portfolio of green marine corridors. We draw on our global market-leading capabilities in energy and infrastructure project finance and development, asset finance, transportation, regulation, compliance and ESG.

A&O is also a ‘Knowledge Partner’ to the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping, an R&D centre focused on the decarbonisation of the global maritime industry.

By adopting cleaner practices and adapting to new regulations, the decarbonisation of the shipping industry by 2050 is an achievable goal.

Spanning our global network of offices, as well as multiple practice and sector groups, our green shipping team has the breadth and depth of expertise to help navigate the significant challenges and deliver a successful outcome.