Norwegian Cruise Line Holdings sets 2050 net zero emissions target

Norwegian Cruise Line Holdings has committed to pursue net zero emissions by 2050 across its operations and value chain.

The owner of Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises with a combined fleet of 28 ships also committed to develop short- and near-term greenhouse gas reduction targets to support its path to net zero.

The group pledged to continue monitoring and investing in opportunities to reduce emissions “including and beyond its fleet, working closely with its partners to identify best practices and accelerate decarbonisation efforts”.

A key driver to achieve the net zero ambition is the development of alternative fuels along with the associated infrastructure at destinations worldwide.

The company said it was committed to partnering, researching and driving discussions to identify an appropriate alternative fuel source that can also be sufficiently scaled.

NCLH agreed last year to purchase three million metric tons of carbon dioxide equivalent (MTCO₂e) offsets as a “measurable action” to address decarbonisation gaps in the short-term while it explores long-term solutions.

The company is talking to engine manufacturers and classification societies in planning for a “safe and effective” methanol engine retrofit.

President and chief executive Frank Del Rio said: “The pursuit of net zero will be one of the most defining voyages that our company will take.

“The scope of our net zero ambition spans our entire value chain as we aim to bring key partners, including our vast network of global suppliers, along with us on this transformational journey.

“While we recognise that the pathway will be complex, requiring significant collaboration, innovation and technological advancement, we are committed to doing our part to contribute to the transition to a low-carbon economy.”

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