The International Chamber of Shipping (ICS) has warned that without decisive government signals declining levels of Maritime research and development could jeopardise industry’s ability to decarbonise. According to the International Energy Agency (IEA), Maritime’s research and development (R&D) spending between 2007-2019 remained stagnant, lagging far behind that of other sectors. Responding to strong political signalling …
The post Stagnation in R&D investment creating unacceptable risk for...