Future Fit Shipping: Charting a course for resilient, low emissions trade

Future Fit Shipping: Charting a course for resilient, low emissions trade

As global standards tighten and the International Maritime Organisationmoves toward net-zero emissions by 2050, reducing emissions across our shippingsupply chain is fast becoming a critical economic issue.

And with 99.7% of our exports by volume moving by sea – and over 70% of our export value going to countries with mandatory climate-related disclosure rules – urgency is increasing.

In October 2024, The Aotearoa Circle commissioned Deloitte to consider both barriers and opportunities for decarbonisation for our maritime sector. This is not something most individual companies can attack on their own – so a joined-up approach – and the convening of stakeholders and Partners by The Aotearoa Circle was a logical place to start.

The resulting Future Fit Shipping report is built on insights from more than 50 stakeholders across shipping, ports, government, iwi, energy, and finance - on both sides of the Tasman.

It identifies the potential to establish a trans-Tasman green shipping corridor and outlines what would need to be true to make it a reality, aligning with the intent of the 2+2 Ministerial Dialogue on climate and finance between New Zealand and Australia, to convene roundtables to explore trans-Transman green shipping corridors.

This work was driven by a consistent theme across the Circle’s adaptation roadmaps for the agriculture, seafood, and tourism sectors: without access to alternative marine fuels, meaningful decarbonisation is out of reach.

Future Fit Shipping reinforces The Aotearoa Circle’s unique role - creating the trusted space where business and government can align on long-term solutions that protect our economy, environment and global reputation.

Join us for a webinar with Deloitte on 15 July 2025 where we will take a deep dive into this report, its recommendations and how they were reached.

Register here