Cargo Owners for Zero Emission Vessels (coZEV)

The Zero Emission Maritime Buyers Alliance has launched a tender process for container shipping powered by zero-emissions fuels. The twenty-member Alliance includes major global consumer brands, and is seeking bids to meet an aggregate demand of 600,000-plus TEUs over 3 years, with a book-and-claim approach to be used for fuel certification. The demand-side initiative comes as a new report from UMAS and the Getting to Zero Coalition finds the window of opportunity for the global shipping industry to meet its 2030 goals is closing.

A group of multinational, consumer-facing organisations including Amazon, Ikea, Michelin and Unilever have committed to using only zero-emission ships to transport their cargo by 2040. As a group and as individuals, coZEV members intend to set ambitious interim goals, and lobby policymakers to bring about the necessary regulatory changes.