Lloyd’s Register calls for immediate action on maritime decarbonisation

A new report Lloyd’s Register (LR) has called for “immediate action on maritime decarbonisation” in order to prevent future supply chain interruptions and minimise disruption to the backbone of world trade.

LR pointed out that transition to zero-carbon shipping will be “among the most significant in the sector’s history” and warned that a lack of regulatory certainty and support from policymakers could see an uncoordinated transition that could lead to significant supply chain disruptions, according to the latest Marine Bunker Exchange (MABUX) report.

The LR study found consensus among maritime experts that shipping companies, their customers and governments need to work together on global solutions before the urgency of the climate crisis forces the sector into disruptive and fragmented changes.

Furthermore, the report highlighted the importance of infrastructure and the availability of new alternative shipping fuels.

Source: Container News

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