The gulf between action needed to decarbonise shipping and regulations to drive transition is vast — but with the right mix, it can be achieved
Synthetic LNG or methanol will cost more than hydrogen and ammonia, but will be easier to live with; which path will prevail is still an open question
In the absence of global regulations to force the industry to clean up, governments and companies hope voluntary green corridors can help test zero-carbon technologies. Yet there are limits to what can be done without a carbon levy or worldwide rules
Progress made by Chinese shipping companies in decarbonisation cannot mask their lack of ambition on the global stage; however, they have the potential to accelerate the pace and signs are promising
No single clean-tech solution has yet to prove a gamechanger, but IMO emissions targets and the introduction of the Carbon Intensity Indicator have the potential to be just that and energise a raft of new technologies
Short-term measures are expected to cause compliance headaches while doing little to cut ship emissions; there is progress on mid-term carbon price plans, but the big fights are yet to come
When it comes to choosing between saving money or the environment, shipowners are opting for the fuel that provides the lowest operating cost
‘The big container lines understand they have got no choice. The major problem will be for the smaller private owners’
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