Shipping’s biggest challenge is a shift in mindset, not fuel
To the outside world shipping looks like an industry unprepared for the 2020 sulphur cap. The truth is, owners are more prepared than they are being given credit for, but the wider questions of shipping’s ability make a clean fuel transition have not yet been answered
Shipping is an industry of regulatory laggards, where first-mover advantage is routinely proved to be a costly and naïve myth. Will a ‘wait and see’ attitude to the immediate question of 2020 compliance mean the woolly aspirations of 2050’s 50% cut in carbon becomes someone else’s can to kick down the road?