"Green Ships: A Sustainable Solution to Shipping's Climate Impact"

The global shipping industry is exploring greener technologies to mitigate its significant contribution to climate change. Danish shipping giant Maersk has introduced the first ships powered by green methanol, which can reduce greenhouse gas emissions by 100 tons per day. However, the adoption of greener fuels faces challenges, including the need for new ships and infrastructure, limited production of green methanol, and higher costs compared to conventional fuels. The industry is also awaiting global regulations from the International Maritime Organization to level the playing field and incentivize the transition to low-carbon fuels. While progress is being made, there is still a long way to go to decarbonize the vast fleet of cargo ships that currently operate worldwide.