Without action from the shipping sector to decarbonize, the sector will be responsible for approximately 17% of global CO2 emissions by 2050. And given the scale of the change required, we must address this now. Across the industry, many are wrestling with what steps to take to drive their decarbonization journeys.
Last year, Shell and Deloitte published a joint report, Decarbonizing Shipping: All Hands on Deck, assessing the key factors affecting decarbonization of the shipping sector. The report set out to understand the views of senior executives from across the sector, including Jones Act owners, on the barriers and potential solutions to decarbonizing shipping.
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