Evangelos Mpikakis, Unsplash
Green Fuel For A Blue Future: The Shipping Industry’s Shift Towards Decarbonisation
Economic Impact Energy Solutions
The shipping industry’s shift to low-emission fuels is gathering pace, and it now needs a strong regulatory framework to accelerate its uptake, leaders in the sector said at the 9th World Ocean Summit.
Shipping accounts for about 3% of global greenhouse-gas emissions. The transition to new fuels is the shipping industry’s “biggest challenge potentially for the last 100 years”, said James Woodrow, managing director of Swire Shipping, a Singapore-based company that has ships connecting 400 ports globally.
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