The growing stringency in environmental regulation has compelled the maritime industry into a major shift in fuels. Regional and national lawmakers are also demanding a faster energy transition attributed to a changing climate of public opinion, affecting both financiers and charterers. Shipowners today are hence experiencing increasing pressure to reduce their greenhouse gas footprint as .
There have been some dramatic developments since the last edition of the Leading Maritime Cities of the World (LMC) report was published in 2019. For one, we have been living with the pandemic. Ships have been stuck in ports, seafarers have been marooned on ships, there have been cargo delays, and container rates have hit .
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