Liner giant AP Moller-Maersk announced on Wednesday it plans to become a climate-neutral company by 2040, 10 years earlier than its previous target.

To prove it is serious about this ambition, the company also unveiled a set of interim, medium-term emission targets for 2030 that include slashing the greenhouse gas emission intensity of its oceangoing fleet by half from 2020 levels.

Emissions per transported container in the Maersk Ocean fleet should go down by 50% over the period.