Swedish cargo owners and charterers are committed to greener practices, but a lack of regulatory and economic incentives for smaller tonnage is hindering progress, according to a new study by Norway-based classification society DNV and the Responsible Shipping Initiative (RSI), an alliance of Swedish dry bulk charterers.

It is understood that the study, ‘Decarbonization of the short sea dry bulk fleet,’ was co-funded by the Swedish Transport Administration, with the project divided into three work packages (WP).