Huge opportunities for shipping as Asian giants push the boat out

With East Asia’s largest economies — China, Japan and South Korea — committed to reaching net-zero greenhouse gas emissions by 2050, offshore wind will play a huge role in developing their hydrogen economies.

Figures compiled exclusively for TW+ by VesselsValue show that Asia’s 5GW of offshore wind today (compared with 19GW in European waters) will increase to more than 600GW by 2050.