Climate change has already cost shipping billions every year

The effects of climate change already cost the shipping industry several billions of dollars annually. But the bill may increase further if the industry doesn’t act and take far-reaching steps to reduce carbon emissions, warns environmental organization in new report.
Photo: Daniel Reinhardt/AP/Ritzau Scanpix
Photo: Daniel Reinhardt/AP/Ritzau Scanpix

Inadequate efforts to curb climate change may have catastrophic repercussions for the shipping and port industries.

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