The legislation of shipping's transition to sustainable production cannot come soon enough, said Transfigura's head of decarbonization at ShippingWatch's conference Tuesday. The industry should work towards regulation to avoid stricter demands in the future.

A new initiative under the Getting to Zero Coalition aims to focus its efforts on persuading politicians around the world to raise their climate ambitions and align shipping with the Paris Agreement.

According to the Irish carrier, selecting the right measuring equipment is crucial for the sustainable conversion of the global merchant fleet. And all ships should be equipped with a particular propeller device, says Ardmore CEO.

Just now, dual-fuel is the golden buzzword for carriers ordering new large vessels, and it is equally significant for engine manufacturer MAN Energy Solutions. However, it isn't a viable solution for small and mid-sized product tanker vessels, says CEO of Hafnia Mikael Skov to ShippingWatch.

Logistics company Flexport is not yet among the top league players such as DSV and Kuehne+Nagel. Backed by a billion-dollar injection, however, the European VP sees "no reason why we wouldn't become as large as the top players."