Shipowners are in a race to be second when it comes to decarbonising the global fleet.
First movers risk expensive early obsolesce while laggards looking to profit from an uneven transition risk being left behind by rapidly changing market requirements that are increasingly running ahead of protracted regulatory timelines.
The stakes are high - the transition to a zero-carbon future represents a generational risk for shipowners who have now clocked that a carbon footprint does not just matter to environmentalists. It matters to lenders, investors, employees, politicians and our customers.
If shipowners do not master the transition from a high-carbon model to a low and eventually zero-carbon one, they will simply not remain viable. They won’t be able to finance their assets, satisfy their investors, attract talented employees or service their customers.
Join owners, policy makers, academics, cargo interests to cut through the greenwashing and regulatory prevarication and engage in a focussed debate examining the realities of shipping’s zero carbon transition.
Be warned – this is not a hypothetical discussion on future fuel preferences – this will be a frank assessment of which companies are likely to survive decarbonisation.
Lloyd’s List, alongside our panel of industry experts, ask: