Shipping Industry Balks at Green Energy Transition

📆 22.12.2022 18:00:00
📰 WSJ

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Ocean shipping is making its biggest energy transition since switching to oil from coal decades ago, but the shift to alternative fuels has been messy

Shipowners order greener vessels but are deterred by limited fuel supplies, costs and the long route to emissions targets

A Covid-19 outbreak in Shanghai brought one of China’s largest manufacturing and export hubs to a near standstill. The crew aboard a U.S. container ship were stranded at a shipyard, struggling to live and work while under lockdown. Photo composite: Adam AdadaOcean shipping is making its biggest energy transition since switching to oil from coal decades ago, but the shift to low- or no-carbon fuels so far has been messy.

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Shipping companies brace for storm with ‘contingency plans’ to help gifts arrive on timeDespite predicted inclement weather, carriers will ship a combined 100 million packages a day this week leading up to Christmas.
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