Greener tanker orders unlikely to surge, despite revised emission-cutting strategy
Following the past week’s IMO gathering, there is a bit more clarity on future fuel options for shipowners. However, in the absence of a clear direction in relation to the mooted carbon levy, there is still likely to be reluctance in relation to ordering newbuildings
Until a detailed carbon pricing mechanism becomes available, the IMO could be caught in a dilemma between extending the trading lives of old, dirtier tonnage, which contradicts its green shipping agenda, and soaring freight rates that might disrupt supply chains, ship broker BRS says in a report