Shipping gets another warning for sluggish decarbonisation move
One big concern raised by a recent Marine Money session in Singapore is that the IMO could be forced to introduce an abrupt and high carbon tax. This will lead to a rise in demand for vessel retrofitting to cut the intensity of carbon consumption
Greater collaboration is needed for shipping to fulfil its decarbonisation task, which is seen by some senior executives as the biggest challenge ever to face the industry
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