Six companies in the Nordic countries have launched a joint project to share their maritime expertise in working towards an ultimate goal of low- or even zero-emissions shipping.

The initiative has come as research organisations — including the International Energy Agency — warn that IMO member states need to expedite development of low-carbon fuels or risk failure to meet emissions targets.

Initiated by Finnish ship technology provider Wartsila, the consortium of Zero-Emission Energy Distribution at Sea (ZEEDS) also includes ro-ro operator DFDS, bulker player Grieg Star, energy conglomerate Equinor, engineering firm Aker Solutions and engineering, procurement and construction specialist Kvaerner.