Changing energy systems is not a simple matter. It was the headache the shipping world had been wrestling with up to IMO 2020 — and it is continuing this decade. The impending International Maritime Organization’s CO2 target for 2030 could require a current suezmax to reduce its emissions by about 25% relative to today. There is a struggle between aspirational regulation and hard realities.

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