A new article in the Marine Engineers Messenger discusses a new report by the Maritime Strategies International (MSI) consultancy on behalf of the European Climate Foundation that considers a study of radical decarbonisation effects on shipping.
The report focusses on the consequences for shipping markets of a major shift in energy consumption away from hydrocarbons and towards renewables and biofuels. Decarbonisation efforts to address climate change will have radical implications, if the Paris Agreement goals are met, the fossil fuel cargo base that shipping serves would undergo an aggressive and prolonged transformation.
You can read the full article here.
