23 January 2023
Freight News

Shipping Waiting for ‘Real Green’ Fuels

Shipping companies are still waiting for “real green” fuel solutions as part of decarbonization efforts to clean up the industry, a leading industry official said.

Shipping, which transports around 90% of world trade and accounts for nearly 3% of the world’s CO2 emissions, is under growing pressure from environmentalists to deliver more concrete action, including a carbon levy.

“We are still awaiting engine and ship builders to come up with real green solutions,” Haralambos Fafalios, chairman of the Greek Shipping Co-operation Committee (GSCC), said last week.

“We need a simple incentive such as a fuel levy as a medium term measure until safe alternative fuels become available in the long term.”

Read more in an article from gCaptain.

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