The A.P. Møller Foundation Donates DKK 400M to New Research Center

Maersk Centre

writer icon Laura Jensen     Pipea   |   Sustainability     🕐 29. Jun. 2020

The shipping industry has made a strong commitment to reduce its global carbon emissions towards 2050. A.P. Møller Mærsk has, therefore, alongside other industry giants founded a new research centre to combat just that.

Currently, the shipping sector accounts for around 3 percent of global carbon emissions.

Centre for Zero Carbon Shipping
A group of leading industry players are taking the next step to develop new fuel types and technologies by launching the Mærsk Mc-Kinney Møller Centre for Zero Carbon Shipping.

The founding company partners behind this initiative are ABS, A.P. Møller Mærsk, Cargill, MAN Energy Solutions, Mitsubishi Heavy Industries, NYK Line and Siemens Energy.

DKK 400 Million Donation
The centre, which will be based in Copenhagen, Denmark, is made possible by a startup donation of DKK 400 million by the A.P. Møller Foundation.

Chairman of the Board in the A.P. Møller Foundation and daughter of Arnold Mærsk Mc-Kinney Møller, Ane Uggla said:

“My father, Mærsk Mc-Kinney Møller was a visionary leader in the global shipping industry for more than 7 decades. He was concerned about shipping’s impact on the environment. Already in the 1980s, he championed the use of low sulphur fuel, and he pioneered the first double hull oil tankers in the 1990s to minimise the risk of oil spills. Therefore, I find it very natural that my Father’s name will be connected to the centre.”

“With this donation, The A. P. Møller Foundation wishes to support the efforts to solve the climate issue in global shipping,” Uggla added.

Non-Profit Centre
The centre will be a non-profit organisation, set up as a commercial foundation with a charitable purpose.
As an independent research centre, it will work across the entire shipping sector with industry, academia and authorities.

A highly specialised, cross-disciplinary team will collaborate globally to create overviews of decarbonisation pathways, accelerate the development of selected decarbonising fuels and powering technologies, and support the establishment of regulatory, financial and commercial means to enable transformation.

To define the strategic direction of the centre, a Board of Directors is being established.

Søren Skou, CEO of A.P. Møller Mærsk has been confirmed as a Board Member. Additional members of the Board of Directors will be announced upon appointment.

Future member of the Board, Søren Skou, said:

“This joint initiative will fast-track the maturation of solutions and strengthen the basis for decision making among industry players and regulators and hence accelerate investments and implementation of new technologies. I am looking forward to joining the Board of this ambitious collaboration.”

Furthermore, the centre will have a management board, which will be headed by Bo Cerup-Simonsen as CEO of the centre.

Bo Cerup-Simonsen holds a PhD from the Technical University of Denmark in Mechanical Engineering, Naval Architecture and has a proven track record in leadership of large-scale industry projects, maritime technology, research and innovation.

“The Mærsk Mc-Kinney Møller Centre for Zero Carbon Shipping provides a solid platform for the entire eco-system to join forces, demonstrate new solutions and identify the next steps to make it happen. I’m excited to let the work begin, expanding the collaboration with a broad variety of contributors,” said Cerup-Simonsen.

Coming Together
The founding partner companies bring a common commitment to decarbonising shipping and specialised knowledge and research capabilities.

Furthermore, the founding partners will donate expert people, resources, and testing platforms to support the operations.

The Center expects to attract several more partner companies in the future.

Copenhagen-Based Office
During the first two to three years the centre will recruit around 100 employees to the Copenhagen-based office and collaborate with new partners across the globe.

The founding partner companies have committed one-third of the needed staff, the remaining two-thirds will be recruited independently.

In addition to leadership and administration, the Center staff will include subject matter experts in energy, fuels and ship technology as well as regulatory affairs, finance and the global energy transition.

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