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Sohmen-Pao expects shipping's green transformation to be delayed

Elevated costs and energy prices might postpone shipping’s green energy transition, says BW Group Chair Andreas Sohmen-Pao in an interview with ShippingWatch on the consequences of the current geopolitical situation for shipping.

Photo: PR-foto BW Group

NEW YORK

The green transformation of shipping is threatened by high costs and rising energy prices, which are putting financial pressure on shipping companies and thus also on efforts to reduce CO2 emissions.

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