The smart money is in 'scalable' green fuels, says UMAS study

Impression of a Maersk vessel powered by green methanol

However well-intentioned, early investment in shipping biofuels may be misguided, according to the latest study by consultancy UMAS.

Released today, Cost of Zero Emissions Container Freight Shipping: a study on selected deepsea and shortsea routes, gives headline figures of a 17-50% increase in rates per teu for Shanghai to LA, prompted by an increase in ship operating costs of $90-450/teu.

Also, a 9-17% increase for a 4,000 teu feeder service along the Chinese coastline – as ...