Efforts by energy majors and mining giants to reduce carbon emissions have helped nudge the maritime industry toward decarbonisation, as the companies have been a driver for orders of greener ships.
And large shipping companies have gotten on board by ordering dual-fuel vessels on the back of long-term charter contracts by these major charterers.
But moves by big players are not enough, Transport Capital deputy managing director Joshua Politis told Marine Money’s Singapore Ship Finance Forum.
