The shipping sector needs to collaborate better to deal with the challenge of decarbonisation, the head of Columbia Shipmanagement (CSM) said on Thursday.

CSM chief executive Mark O’Neil said the fragmented industry could only reduce emissions and improve performance by forming partnerships with tech and other companies.

Speaking at Capital Link’s decarbonisation in shipping webinar forum, O’Neil cited Columbia’s collaborations on trials to introduce battery power to take ships the final 10 km (6.2