Ships that address environmental issues would be the surest place to invest $1bn. However, apart from a select group of major shipping lines, the industry will not be blessed with government subsidies for “green” ammonia or methanol, neither of which are yet practical or safe.

The $1bn question

This article is part of a series written by people across shipping in response to this question about how to deploy a hypothetical TradeWinds Sustainable Shipping Fund:

How, where and why would you invest $1bn for the best return in sustainable shipping, as the industry grapples with the need to cut carbon emissions, improve efficiency and keep cargoes moving in a world facing multiple economic and political challenges? The investment will be made now...