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MAN boss: Cheap fossil fuel prevents shipping's green transition

The price of oil has increased more than fivefold in the past four years. But much more is needed if the shipping industry is to reach its climate goals, according to MAN Energy Solutions.

Bjarne Foldager, senior vice president at MAN Energy Solutions. | Photo: Watch Medier

It has become too cheap to buy fossil fuels to power ships in the international merchant fleet.

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