The challenges posed by the Hammonia retrofit helped convince the environmental organisation Carbon War Room (CWR) to take a fresh approach to moving shipping towards a decarbonised future.
“This was a rare project to have attracted funding,” CWR finance lead manager for maritime James Mitchell told TradeWinds.
“We are now going down a different road. Our direction is to put a lot of focus on finance: preparing financial institutions for climate change risk,” he said.