Decarbonisation

DECARBONISATION. 
STARTING SMALL
SCALING FAST
.  

CARBON EMISSIONS TARGET
TOWARDS A NET ZERO-CARBON FUTURE

The maritime industry is responsible for producing 3% of all global CO2 emissions. As such we believe the agreements reached by the UN Framework Convention on Climate Change (UNFCCC) conference must include the efforts of the IMO and Greenhouse gas (GHG) emissions
regulatory framework guidelines.
 

Emissions & clmiate control

UNITED NATIONS - EMISSIONS & CLIMATE CONTROL

Climate risk

PROPOSED GOVERNMENTAL ACTION TO CONFRONT CLIMATE RISK

Chrod X - Green Shipping
Green transition

Accelerate decarbonatisation through strategic investments.

GREEN TRANSITION

Green economy

Provide a fair economy that empowers everyone.

GREEN ECONOMY

sustainable energy consumption

Set an end date for government fossil fuel subsidies.

SUSTAINABLE ENERGY CONSUMPTION

The initial strategy set to reduce CO2  emissions per voyage by at least 40% by 2030, increasing to 70% by 2050, compared to 2008 baseline.  

 

In 2006, the IMO initiated E-navigation, which is defined as the harmonised collection, integration, exchange, presentation and analysis of marine information on board and ashore by electronic means. They followed this by taking an important step towards addressing the shipping industry’s carbon footprint with the goal of significantly reducing the industry’s greenhouse gas emissions (GHG). 

Chord X objectives

OBJECTIVES

ACCELERATING CHANGES
BY THE NUMBERS

80%

of shipowners agree that net zero-emission vessels are needed

20years

average

ship age

40%

emissions target reduction by 2030

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OUR AMBITION, TO DRIVE 
DIGITAL DECARBONISATION
  

Since our conception in 2019, Chord X has committed to develop and provide innovative solutions that help ship owners and operators reach the industry’s decarbonisation goal. As a key supporter of innovation and collaboration, we continuously seek out ways where we can help our customers to achieve sustainable shipping.

Chord X - develop & innovate

DEVELOP & INNOVATE

We develop and innovate solutions that help reduce maritime
emissions.

Chord X Partnership

PARTNERSHIP 

We partner with customers
to develop solutions towards sustainable shipping.

Cross-sector activities

CROSS-SECTOR ACTIVITIES

 

Our ambition is to drive digital decarbonisation from maritime
towards other sectors.

Chord X develop & innovate
Chord X innovation & solutions

DEVELOP & INNOVATE

How can we develop an innovative solution to reduce maritime emissions? 

​ 

  • Invest in research and development that focuses on the maritime digital decarbonisation of the shipping industry.
     

  • Empower our team to explore new, revolutionary technologies that lead to maritime digital decarbonisation.
     

  • Focus on developing solutions that meet regulatory compliance reporting needs, such as with IMO DCS, EU MRV, CII, EEOI, and AER.

How do we partner with our customers to reduce their emissions?

​ 

  • Collaborate with our customers to facilitate knowledge-sharing; we want to better understand their current process and see where improvements can be made.
     

  • Regular tripartite conversations between regulatory bodies, customers and Chord X.
     

  • Regular co-solutioning with our customers to build relevant and robust products. 

Chord X - Digital Decarbonisation
Chord X partnership

PARTNERSHIP

Chord X - Digital Decarbonisation
Chord X decarbonisation solution

CROSS-SECTOR ACTIVITIES

How do we apply our decarbonisation solution towards
the wider economy?

​ 

  • To find commonality, start small and grow in sophistication.
     

  • Work intensely with our maritime partners who have cross-sectorial and experience demand.
     

  • Keeping abreast of environmental development outside of
    maritime sector.

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DEVELOPING FUTURE TECHNOLOGIES, 
FOR THE NEXT GENERATION
  

The maritime industry is at a pivotal moment in history, one where we can change our impact on the environment for the better.

At Chord X, we are committed to developing technologies and solutions needed to not only decarbonise the industry but to implement sustainable solutions for all stakeholders. As one of the oldest and most influential industries, it is our responsibility to ensure its evolution and sustainability for the next generation. 

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