Net-zero emissions a top priority for shipowners


Going green: A container ship at the Port of Los Angeles. A growing number of shipping customers have shown a willingness to pay for greener shipping. — Reuters

SINGAPORE: More vessels that run on cleaner fuels are being built, as pressure mounts from regulators, shareholders and customers for freight liners to ship cargo more sustainably.

This will invariably lead to higher costs for companies and consumers, but the industry needs to take action, say experts.

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