Ports and Shipping - Green shipping: a $1.9tn investment opportunity?
Byline: S. KAMAL HAYDER KAZMI
Shipping is the most carbon efficient means of transportation (on a CO2 per ton-km basis - see figure 1 below). However, global shipping still accounts for 1 billion tons of CO2 per year, which is ca.3 percent of annual global GHG emissions.
Unsurprisingly, the largest source of carbon emissions comes from fuel combustion for propulsion. Fossil fuels (HFO, MGO, VLSFO and LNG1) currently provide 99 percent of sector's final energy demand and all...
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