Jun 1, 2022 | Maritime business news

The Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping has welcomed Rio Tinto as a Strategic Partner, committing to a long-term strategic collaboration and contribution to the development of zero carbon technologies and solutions for the maritime industry.

In October 2021, global mining group Rio Tinto announced it will accelerate actions to reach net zero emissions from the shipping of its products by 2050 and expects to meet the IMO decarbonisation goal of 40% reduction in shipping emissions intensity by 2025, five years ahead of the IMO deadline. The company expects to introduce net-zero emission vessels into its portfolio by 2030.

Center CEO Bo Cerup-Simonsen said: “This partnership shows the true potential of working with all the different parts of the shipping ecosystem. As a cargo owner and leading charterer, Rio Tinto is in a position to make real influence in the industry by acting as a first mover, pushing for change and establishing sustainable valuechain solutions. This transition demands courage and determination, and Rio Tinto has proven to be on a progressive path to make real change. We welcome them onboard and look very much forward to the collaboration.”

Laure Baratgin, Rio Tinto Head of Commercial Operations, said: “Low-carbon transition is at the heart of Rio Tinto’s business strategy and as a leading charterer, we

recognize the importance of industry collaboration, innovation, and development of technologies in the decarbonization of our own shipping and the broader industry value chain. Through this partnership, we look forward to collaborating with like-minded industry experts to accelerate the delivery of our climate commitments on shipping and support the industry’s net-zero emissions ambitions.”

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