Shipping and aviation are worlds apart in the way the sectors are facing up to their emissions.
Or rather, in the way others are making them face up to their emissions.
IMO 2020, which dictates that shipping lines must use low-sulphur fuels, or install scrubbers from next year, is going to add some $15bn to liner industry costs.
And this week came the news that a group of shipping finance banks are to consider climate action in their lending decisions.
Momentum is growing.
“There is a …
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Source: The Loadstar