Source: BW LPG

Shipping to demonstrate its green credentials

Writing in these pages a few weeks ago, shipping economist Martin Stopford estimated that today’s fleet of more than 61,000 commercial vessels, plus many thousands of service ships, will generate about half of the shipping industry’s global carbon emissions between now and 2050. But recent initiatives by shipping’s customers and its financiers suggest that owners should be adopting their own decarbonisation strategies as a matter of urgency.

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Article Editorial staff Ship&Offshore
Article Editorial staff Ship&Offshore