Growing recognition of the threat posed by man-made climate change has spurred government institutions, industry, and science to find clean fuels to power economic activity. The Maritime industry stands for 90% of global freight and emits around 2,7% of carbon emissions, but still, the industry has to play its role in decarbonisation.
Deep-sea vessels consume large amounts of fuel and contribute more than 85% to global maritime emissions. Our total global fleet emits around 840 million tons of carbon annually and there are expectations from charterers and consumers to reduce these emissions. Regulations and policies are put in place to help us with this, but we need access to investors and capital to make this happen.
Several actions will be needed in parallel to succeed, and the vessels’ trading patterns will play an…
