With a blank cheque for investment that would propel shipping’s sustainability ambitions while also maintaining profitability and commerciality, I would focus on scaling widespread carbon capture and storage (CCS) across the global fleet.
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 and political challenges? The investment will be made now and ideally held for the next seven years to the end of...