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Shipping's green energy transition makes costs soar

It will be far more expensive than expected to use the new fuels that will help drive the green energy transition in the shipping sector, according to a new study by Maersk and Lloyd's Register.
The new fuels will be more expensive than the current ones, according to new report. | Photo: Colourbox
The new fuels will be more expensive than the current ones, according to new report. | Photo: Colourbox
by MATHIAS BLÆDEL LORENZEN

If shipping companies want to be CO2-neutral, they must be prepared for transport costs to rise – and it will be more expensive than expected, concludes a new joint study by Maersk and classification bureau Lloyd's Register.

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