Ports and Shipping - WORLDWIDE SHIPPING INDUSTRY - Shippers looking to reduce the carbon footprint.
| Author | Kazmi, S. Kamal Hayder |
Byline: S. Kamal Hayder Kazmi
From higher-quality paint to state-of-the-art propellers: shipping companies are looking in every corner to reduce their carbon footprint as investor and activist pressure increases.
The move comes as aviation and shipping firms face demands to slash emissions due to their reliance on oil. The two sectors are expected to account for 40 percent of global CO2 output by 2050 unless action is taken...
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