How push to decarbonize shipping slowed tanker building to a trickle

The drive to decarbonize shipping looks like it’s about to pay off in a big way — not for the environment, but for the owners of the tankers that carry the carbon: the crude oil, gasoline, diesel and jet fuel the world continues to burn in ever-larger quantities after it’s shipped ever-longer distances across the seas.

To decarbonize shipping, you either need an onboard carbon-capture system (which doesn’t exist yet) or to build new vessels that burn something other than fuel oil.


View entirety: Freightwaves