Our team is ready to assist stakeholders on their decarbonization journey.
At Maersk Broker Advisory Services, we want to help our clients navigate the uncertainty arising from the green transition that the maritime industry is facing. Our dedicated decarbonization team is well-positioned to assist every stakeholder in the entire decarbonization journey, from understanding your position to developing and communicating a decarbonization strategy to execute the renewal of your fleets.
We are your partner in decarbonization
We have spent a significant amount of time developing knowledge and opinions on the decarbonization of the maritime industry. We have built up knowledge on regulations, cost and availability of alternative fuels and cost of retrofitting and newbuilding to alternative fuels. We benefit from insights across the industry, a unique knowledge platform and involvement in various decarbonization partnerships and initiatives.
We believe collaboration between all stakeholders is the most essential part of the transition towards a decarbonized future. Our partners are, among others, the Mærsk McKinney Møller Center for Zero Carbon Shipping and McKinsey & Company with whom we developed a Fleet Decarbonization Optimizer Tool that provides a tailor-made roadmap for cost-effective decarbonization of entire fleets. We are also the first shipbroking company to become a member of the “Getting to Zero Coalition” and we are committed to the IMO’s target of fully decarbonizing the industry by 2050.
Our service offerings
Why no shipowner can ignore the green transition
The shipping industry must embark on a journey towards a net zero-emission future. Currently, the shipping sector produces 2-3% of global CO2 emissions, and the maritime trade volume is expected to further increase in the next decades. That is putting high pressure on a hard-to-abate sector, that heavily relies on the use of fossil fuels. Greenhouse-gas emissions from shipping need to be reduced, and the infrastructure for new technologies must be created – making decarbonization in shipping a global challenge.
The industry has made a commitment to reduce carbon emissions significantly by 2050. Reducing emissions, finding alternative fuels, and adapting technology will be the major challenge of the coming years. The transformation will have significant effects on ships, ports and operations and all stakeholders within the maritime industry.
Carbon Capture Transport and Storage (CCTS)
Maersk Broker Advisory Services also focuses on what role stakeholders in the maritime industry can have in the commercialisation of the CCTS value chain. The CCTS technology could play a major role in the green transition as it aims at reducing the release of CO2 into the atmosphere by transporting and storing it in deep geological formations which trap the CO2 permanently.
For further exploration of the CCTS technology, Maersk Broker Advisory Services has received a grant from den Danske Maritime Fond (the Danish Maritime Fund) and in collaboration with The Danish Technological Institute, written a report on the commercial opportunities of maritime transportation of CO2. The report concludes that shipping can play a key role in establishing a cost-effective CCUS market. In the short term, the market will be similar as the early LNG market with purpose-built vessels ordered on the back of long contracts. In the long term, CO2 will turn into a new commodity for gas carriers with transportation across regions to both utilization and storage sites.
Learn more here.
Head of Energy Transition, Advisory Services
Jan Kaergaard Lang
Senior Decarbonization Advisor, Advisory Services
+45 2935 0360
William Norvold Bjørn
Associate, Advisory Services
+45 3344 1435