The global shipping industry continues to actively invest in environmentally friendly technologies, despite the increase in emissions from container ships and car carriers. According to the World Shipping Council, by the end of 2025, $150 billion will be invested in dual-fuel vessels.
Reuters survey confirms commitment to strategy
A Reuters survey of 15 shipping companies showed that most are not changing their green investment strategies despite falling behind the emissions reduction targets set by the International Maritime Organization (IMO). Companies continue to focus on long-term goals for the decarbonization of shipping.
Increase in orders for dual-fuel vessels
The order book for container ships and car carriers with dual-fuel engines has increased by 28% and now accounts for 74% of the total number of orders. This indicates the industry's confidence in transitioning to alternative fuels such as LNG and ammonia to meet future IMO environmental standards.
- Investments in green technologies will reach $150 billion by the end of 2025.
- The share of dual-fuel vessels in the order book is 74%.
- The order book has grown by 28%.
Despite the current rise in emissions, shipowners believe that investments in green innovations will ensure competitiveness in an era of strict regulation.