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What kind of ships and fuel is the shipping industry looking at to reduce its environmental impact?

Pressure is mounting on the maritime sector to reduce its environmental impact. But the road is not without its hurdles, from the economic and political to the technological. With approximately (.) ....

University College , New South Wales , Matthew Williams , Nick Brown , Los Angeles , Thanos Sofios , Tristan Smith , Lucy Gilliam , Ingrida Irigoyen , University College London , International Maritime Organization , Global Maritime Forum , Hydrogen Strategy , Aspen Institute Shipping Decarbonization Initiative , For Gilliam , Breakwave Advisors , Aspen Institute Shipping Decarbonization , Change Conference ,

Grappling with environmental ambitions versus short-term improvements

Shippers want cheap freight rates, shipowners need ships on the water to trade today, and regulators want an agreed approach on technology, fuels and distribution; these are the conflicting factors container shipping is faced with as it tries to set course for zero-emissions.
On the regulatory front, John Butler, President And CEO, World Shipping Council, speaking at TPM21, said that the industry faces a complete change of direction in about the lifespan of a typical vessel. The necessary engineering work to create appropriate technology needs to take place alongside development of a regulatory and policy structure to both drive change and ensure the shipping industry can continue to operate in the transition period. ....

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