With the shipping industry’s innovation efforts set to focus on decarbonisation in the coming decades, some are wondering whether it can learn a thing or two from other sectors.
Using electric-car maker Tesla as an example, First Ship Lease Trust chief financial officer Markus Wenker suggested existing players sometimes might not be capable of initiating profound industry changes.
“We consider the development of commercially viable net-zero emission technologies and bunker fuels, including the infrastructure required, the number one challenge for the industry,” Wenker said.
