All videos

Forum Impact

This will be the world’s largest car carrier ever built

Höegh Autoliners has unveiled plans to build the world's largest car carrier, capable of transporting up to 9,100 vehicles at once. The vessel, a RoRo (roll-on/roll-off) ship, will be designed to operate on zero-emission fuels such as green ammonia and green methanol, a significant step forward in reducing the shipping industry's environmental impact.

Decarbonizing Shipping

The shipping sector accounts for around 3% of global CO2 emissions, surpassing the emissions of entire countries like Germany. Traditionally, large ships have relied on bunker fuel, a cheap but highly polluting form of diesel containing up to 3,500 times more sulfur than road diesel.

Höegh Autoliners' new car carriers represent a significant shift towards cleaner shipping practices. The vessels' ability to run on green ammonia and green methanol, produced from green hydrogen, promises to reduce CO2 emissions by 70-95% over their lifecycle compared to oil-based fuels.

Scaling Clean Technologies

Höegh Autoliners has committed to ordering 12 of these zero-emission car carriers, with deliveries scheduled to begin in 2024. The company aims to transition its entire fleet to green ammonia by 2027.

Industry-wide Efforts

Höegh Autoliners is not alone in its pursuit of a greener shipping industry. The company is part of the First Movers Coalition, a group of leading companies committed to scaling clean technologies by pledging to purchase and invest in them. This collaborative effort aims to increase the availability and affordability of clean technologies, enabling entire sectors to decarbonize.

Höegh Autoliners' Sustainability Goals

Höegh Autoliners has set ambitious sustainability targets, aiming to reduce its fleet's greenhouse gas emissions by 30% by 2030 and achieve net-zero emissions by 2040. The company's commitment to zero-emission car carriers and its participation in the First Movers Coalition demonstrate its leadership in driving a sustainable shipping industry.

Have you read?
Topics:
Supply Chains and Transportation
Share:

More in this series:

6:09
Global Cooperation

Global Future Councils: 15 years of impact

Climate Action

CEO Climate Alliance Letter | Jesper Brodin

Simon Torkington

November 22, 2024

About us

Engage with us

  • Sign in
  • Partner with us
  • Become a member
  • Sign up for our press releases
  • Subscribe to our newsletters
  • Contact us

Quick links

Language editions

Privacy Policy & Terms of Service

Sitemap

© 2024 World Economic Forum