We would invest $1bn in what we know and understand — secondhand eco ultramax bulkers that are less than five years old. Ideally, these vessels should have Tier III engines, and an Energy Efficiency Existing Ship Index score at A. They would remain in compliance with all regulations until the end of their lives.
The $1bn question
This article is part of a series written by people across shipping in response to this question about how to deploy a hypothetical TradeWinds Sustainable Shipping Fund:
How, where and why would you invest $1bn for the best return in sustainable shipping, as the industry grapples with the need to cut carbon emissions, improve efficiency and keep cargoes moving in a world facing multiple economic...
