Ports face defining decade in fuel transition
AI Summary
Ports are under pressure to prepare for shipping’s transition to lower-carbon fuels, according to a Lloyd’s Register report. Alternative-fuel vessel orders are rising, but port infrastructure, bunkering capacity, and safety frameworks are struggling to keep pace.
The global race to decarbonise shipping is fast becoming a race to prepare ports, according to Lloyd’s Register’s latest Fuel for Thought: Ports report. While shipowners continue to order alternative-fuel vessels at record pace, port infrastructure, safety frameworks and bunkering capabilities are struggling to keep up, creating what LR describes as one of the defining ...