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.
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 and ideally held for the next seven years to the end of the decade.