Net Zero Industry Tracker 2024 Shipping

176. Bloomberg. (2024). Maersk Unveils World’s Biggest Methanol-Powered Container Ship. https://www.bloomberg.com/ news/articles/2024-01-26/maersk-unveils-world-s-biggest-methanol-powered-container-ship. 177. MAN Energy Solutions. (2024). MITSUI Performs World-First Hydrogen Test. https://www.man-es.com/company/press- releases/press-details/2024/03/07/mitsui-performs-world-first-hydrogen-test. 178. IRENA. (2021). A Pathway To Decarbonise The Shipping Sector By 2050. https://www.irena.org/-/media/Files/IRENA/ Agency/Publication/2021/Oct/IRENA_Decarbonising_Shipping_2021.pdf. 179. Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping. (2021). Industry Transition Strategy. https://cms.zerocarbonshipping.com/media/uploads/documents/MMMCZCS_Industry-Transition-Strategy_Oct_2021.pdf. 180. Ibid. 181. UNFCCC. (2023). Shipping Leaders And Green Hydrogen Producers Agree On Ambitious Uptake Targets For 2030 To Enable A Net Zero Maritime Sector. https://climatechampions.unfccc.int/maritime-green-hydrogen-call-to-action/. 182. International Energy Agency (IEA). (n.d.). ETP Clean Energy Technology Guide: Methanol-fuelled ship engine.   https://www.iea.org/data-and-statistics/data-tools/etp-clean-energy-technology-guide?layout=trl&selectedTechID=7c4f84c2. 183. International Energy Agency (IEA). (n.d.). ETP Clean Energy Technology Guide: Hydrogen-fuelled engine.  https://www.iea.org/data-and-statistics/data-tools/etp-clean-energy-technology-guide?layout=trl&selectedTechID=24431048; International Energy Agency (IEA). (n.d.). ETP Clean Energy Technology Guide: Ammonia-fuelled ship engine.  https://www.iea.org/data-and-statistics/data-tools/etp-clean-energy-technology-guide?layout=list&selectedTechID=3be79868. 184. International Energy Agency (IEA). (n.d.). ETP Clean Energy Technology Guide: Battery electric ship. https://www.iea.org/ data-and-statistics/data-tools/etp-clean-energy-technology-guide?layout=trl&selectedTechID=74d18fae. 185. International Energy Agency (IEA). (n.d.). ETP Clean Energy Technology Guide: Proton exchange membrane.  https://www.iea.org/data-and-statistics/data-tools/etp-clean-energy-technology-guide?layout=trl&selectedTechID=2d4c79b4. 186. SEA-LNG. (2019). Well-To-Wake GHG Emission Study On LNG As A Marine Fuel. https://sea-lng.org/wp-content/ uploads/2019/04/190410_SEALNG_GHG_Messaging_Document_DIGITAL-compressed.pdf. 187. Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping. (2021). Industry Transition Strategy. https://cms.zerocarbonshipping.com/media/uploads/documents/MMMCZCS_Industry-Transition-Strategy_Oct_2021.pdf. 188. Reuters. (2023). Neste To Start Production At Singapore Renewables Fuels Expansion In ‘Weeks’. https://www.reuters.com/ business/energy/neste-start-production-singapore-renewables-fuels-expansion-weeks-official-2023-04-05/. 189. International Energy Agency (IEA). (n.d.). ETP Clean Energy Technology Guide: Rotor sail - Rigid sail. https://www.iea.org/ data-and-statistics/data-tools/etp-clean-energy-technology-guide?layout=trl&selectedTechID=e418f2f8. 190. International Energy Agency (IEA). (n.d.). ETP Clean Energy Technology Guide: Rudder bulb. https://www.iea.org/data- and-statistics/data-tools/etp-clean-energy-technology-guide?layout=trl&selectedTechID=645ff4db. 191. Accenture. (n.d.). Global Hydrogen Demand. https://www.iea.org/data-and-statistics/charts/global-hydrogen-demand-in- the-net-zero-scenario-2022-2050. 192. Global Maritime Forum (GMF). (2021). A Strategy for the Transition to Zero Emission Shipping. https://globalmaritimeforum.org/report/a-strategy-for-the-transition-to-zero-emission-shipping/. 193. Yara International. (2024,). The world’s first ship-to-ship ammonia transfer at anchorage: “A major milestone to decarbonize shipping fuel”. https://www.yara.com/corporate-releases/the-worlds-first-ship-to-ship-ammonia-transfer-at-anchorage-a- major-milestone-to-decarbonize-shipping-fuel-/. 194. International Energy Agency (IEA). (2020). Indicative shipping fuel cost ranges. https://www.iea.org/data-and-statistics/ charts/indicative-shipping-fuel-cost-ranges. 195. FMC. (2022). Shipping Commitment. https://www3.weforum.org/docs/WEF_First_Movers_Coalition_Shipping_ Commitment_2022.pdf. 196. RMI. (2024). Maritime Book and Claim System Advances Pilot Study to Support First Movers in Zero-Emissions Shipping. https://rmi.org/press-release/maritime-book-and-claim-system-advances-pilot-study-to-support-first-movers-in-zero- emissions-shipping/. 197. Marine Insight. (2024). MOL Becomes 1st Japanese Board Member Of Book And Claim Community To Decarbonize Logistics. https://www.marineinsight.com/shipping-news/mol-becomes-1st-japanese-board-member-of-book-and-claim- community-to-decarbonize-logistics/. 198. Lin, M. (2023). PATH TO NET ZERO: Major shipping firms show ambition in hard-to-abate sector. https://www.spglobal. com/commodityinsights/en/market-insights/latest-news/shipping/111423-path-to-net-zero-major-shipping-firms- show-ambition-in-hard-to-abate-sector; DNV. (2023). Industry Insights: Challenging road ahead for retrofitting to dual-fuel engines. https://www.dnv.com/expert-story/maritime-impact/challenging-road-ahead-for-retrofitting-to-dual-fuel-engine/. 199. According to S&P Capital Pro IQ data. 200. Lin, M. (2023). PATH TO NET ZERO: Major shipping firms show ambition in hard-to-abate sector. https://www.spglobal.com/ commodityinsights/en/market-insights/latest-news/shipping/111423-path-to-net-zero-major-shipping-firms-show- ambition-in-hard-to-abate-sector. 201. DNV. (2023). Industry Insights: Challenging road ahead for retrofitting to dual-fuel engines. https://www.dnv.com/expert- story/maritime-impact/challenging-road-ahead-for-retrofitting-to-dual-fuel-engine/. 202. Accenture analysis based on S&P Capital data. Net-Zero Industry Tracker: 2024 Edition 13