Three shipowners to take on ZESTA challenge

Three shipowners have accepted to take up the absolute zero emissions challenge posed by the Zero Emissions Ship Technology Association (ZESTA), a global industry body representing technologies and fuel providers who are already committed to absolute zero.

The three shipowners are Hong Kong-based tanker and bulker firm Wah Kwong, Veer Voyage, a Bahamas-headquartered containerline and OSV operator North Star Shipping.

While other shipping companies have made strong carbon commitments – Berge Bulk’s intention to be carbon neutral by 2025, and Maersk’s 2040 net zero goal, for instance – to consider absolute zero by 2043 is a substantial leap further.

The three shipowners will present the challenges to achieving their green ambitions at ShipZERO28, one of many events taking place during London International Shipping Week next month.

Unlike absolute zero emissions, net zero or carbon neutral implies some carbon/GHG emissions remain but allows for some form of offsetting through carbon dioxide removal or negative emissions such as carbon capture and storage.