It is evident that fleet age is one of the leading indicators of a greener fleet and the Republic of the Marshall Islands (RMI) Registry comprises the world’s youngest blue water fleet with an average age of 9.4 years based on Clarksons Research’s World Fleet Register (Clarksons). Furthermore, Clarksons has established “green” categories assigned to ships that invest in emission reduction technologies such as LNG fuel and alternative fuels, battery/hybrid systems, engine control optimization...