While over half of the current global ship orderbook, measured by gross tonnage, consists of vessels capable of operating on alternative fuels, less than 10% of the existing global fleet possesses the technology to utilize these greener energy sources. This stark contrast underscores the significant hurdles that remain in the industry’s transition towards a more sustainable future, reports Baltic Exchange.
Fuel OptionalityThe OECD’s report, “The Role of Shipbuilding in Maritime...
https://mfame.guru/shipbuilding-embraces-fuel-optionality-but-policy-focus-on-shipping-needs-shift/