Reinhard Luken has launched a stout defence of a shipbuilding sector accused of being too passive on shipping decarbonisation.
The managing director of the German Shipbuilding and Ocean Industries Association told a TradeWinds webinar that 20 years or burning through cash has left many shipyards playing catch-up with the zero-emissions agenda.
Global output in shipbuilding has gone down 40% since the pandemic hit, he explained.
