A rapid transition could lead to “premature scrapping” of over a third of the fleet, valued at over $400 billion, unless they undergo costly retrofits to remain competitive in the wake of new greenhouse gas (GHG) policies and wider energy transition, a new report shows.
Singapore’s shipping player Eastern Pacific Shipping (EPS) and marinEV, a business unit of compatriot Yinson GreenTech, have joined forces on sustainable port services.
