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Servicing the energy transition comes at a cost and ports are wrestling with the question of ‘who pays’ in the shared responsibility of addressing climate change.
Attracting new sources of capital will be essential to raise the estimated $75bn of investment needed for the UK’s drive to decarbonise its domestic shipping sector and achieve net-zero over the next three decades.
As the shipping industry is navigating the winds of change it is to blame for it becoming the focus of world regulators rather than other much heavy polluters, according to John Platsidakis.
Furetank Rederi’s latest chemical tanker contract placed at China Merchants Jingling Shipyard incorporates design requirements that will ensure CII compliance until at least 2030, Lars Höglund, the Swedish company’s CEO told Seatrade Maritime News...
The British-Dutch biofuel producer Argent Energy is expanding its second-generation biodiesel production capacity in the Port of Amsterdam to provide sustainable shipping and road transport.