14.9 C
Friday, May 26, 2023
Evergreen Line
Evergreen Line
Evergreen Line
Home News ICS report shows potential risk for decarbonisation targets

ICS report shows potential risk for decarbonisation targets

According to the International Chamber of Shipping (ICS) Maritime Barometer Report 2022-2023, uncertainty about fuel availability and infrastructure puts decarbonisation targets at risk, emphasising the need for a clear plan of action to manage risk.

The first ICS Maritime Barometer Report is the first comprehensive yearly study of maritime leaders' risk and confidence.

More than 130 C-suite decision makers, half of whom are shipowners and 35% of whom are ship managers, have offered insight into the challenges that are preoccupying them and how they are positioned to handle their effect.

Respondents' perspectives on decarbonisation issues show that the shipping industry's knowledge of the multifaceted implications of the energy transition is growing.

While the practical effects of new greenhouse gas reduction laws have remained the most urgent concern over the past two years, respondents' views on the fuel landscape have shifted. This involves a shift in perceptions of wind and nuclear power as viable energy sources.

Delays in government decision-making, according to the paper, will have far-reaching effects on the maritime sector. Government decisions on supply chain resilience and greenhouse gas reduction policies will shape how the sector evolves over the next decade.

Latest Posts

Drewry’s World Container Index drops this week

Drewry’s composite World Container Index (WCI) decreased by 2% to US$1,685.32 per 40ft container this week.Source: Drewry World Container Index, Drewry Supply Chain AdvisorsThe...

Houston Ship Channel generates over US$900 billion economic value to the US

Results from the John Martin Associates study showed that in 2022, the Houston Ship Channel generated US$$906 billion of economic value to the United...

MSC’s Swan service reinstated to North Europe and Poland

MSC's Swan service, which links main ports in China with North European ports in Benelux, Gdynia, Gdansk and Klaipeda, is being reintroduced as a...

DP World cut global carbon emmissions in 2022

DP World cut direct carbon emissions from its global operations by 5% last year, according to its latest Environmental Social and Governance (ESG) report,...

World’s largest container ship arrives at Port of Antwerp-Bruges

World's largest container ship MSC Loreto arrived in Antwerp, Belgium to load and unload containers at the MSC PSA European Terminal (MPET) in the...