Growing focus on environmental, social and governance (ESG) criteria is driving demand in shipping for digital technologies, according to industry experts.
Leading classification societies told TradeWinds that shipping firms began to digitalise more of their work processes due to environmental regulations that came into force in recent years.
The European Union has required vessel operators to report carbon-emissions data based on its monitoring, reporting and verification rules since 2018, while the International Maritime Organization has had similar requirements in its Data Collection System since 2019.
