Torben Nørgaard

CTO Energy & Fuels

Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping

Torben Nørgaard, Chief Technology Officer – Energy & Fuels, Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping

Torben is accountable for the development of a multidisciplinary research and development function, looking to drive demonstration and scaling of sustainable fuel pathways supporting carbon neutral shipping. He brings more than 26 years of experience in syn-fuel processes and energy markets. His experience includes syn-fuel process design at Topsoe, energy markets at Maersk Oil and Total Energies through to his most recent assignment scaling competencies within PtX, e-fuels and sustainable energy supply at Ramboll Energy. Torben holds an M. Sc in Chemical Engineering and a diploma in business administration.

Session Overview

Wednesday, 6 November

14:00

Maritime & Logistics Conference Conference Room A 14:00 - 15:00

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Defining the value chain of future low carbon marine fuels

Despite ambitious net-zero targets set by the maritime industry, only a limited supply of alternative marine fuels is readily available on the market, whilst over 95% of projects for producing these fuels have not passed the final investment decision (FID) phase. It is projected it will take at least six years to reach FID and move to production. Which means, unless a significant number of projects materialise soon, the majority of the global shipping fleet will continue to run on heavy-emitting fuels beyond 2030. Configuring the decarbonised maritime fuel value chain of the future is a costly affair, requiring shipowners, fuel producers, governments, and financial institutions to forge innovative collaborations and develop new business models to release the bottlenecks slowing the journey to net-zero emissions by 2050.

Attendee insights:

Delve into the complexities of creating a low carbon maritime fuel value chain, as well as the collaborative strategies required to overcome cost and infrastructure challenges.