Regulators are giving ship investors a difficult time when pushing for green shipping rules, while better coordination between the public and private sectors are needed to achieve the targeted environmental benefits, an industry forum has heard.

When asked about the apparent energy transition from oil to LNG, Bahri Oil’s vice-president for commercial and operations Hisham Nasir Al-Nughaimish, whose company operates one of the world’s largest crude tanker fleets, seemed to shrug it off: “Somebody has to do with oil.”