News / The cost of 'going green' could render deepsea shipping 'too expensive'

World Ports Conference 8-10 October 2024 @Richard Langdon

Regulation introduced to decarbonise shipping could lead to the demise of certain deepsea shipping sectors, delegates at the World Ports Conference in Hamburg were told this morning.

Tim Power, MD of Drewry Shipping Consultants, noted a recent prediction from class society DNV that the cost to operate container shipping services were expected to double, due to decarbonisation costs, and suggested that some scenarios could lead to a fundamental reworking of long-distance supply chains.

“Most of the views of the energy transition envision ...