News / As carbon emission rules for ships get tougher, it could trigger modal shift

Vessel pollution Photo 216758646 © Markus Gann Dreamstime.com

22/11/2022

Experts fear the International Maritime Organization’s carbon intensity indicator (CII) regulation will trigger market changes, including a modal shift from shipping to land, hitting feeder and reefer trades.

A collapse in demand as port congestion normalises has reduced shipping rates and incentivised scrapping smaller, older vessels ...

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