In the race to decarbonize the global supply chain, few areas are under the spotlight as intensely as ocean freight. As the backbone of international trade, the shipping industry moves over 80% of the world’s goods, but it also contributes nearly 3% of global greenhouse gas emissions. Enter the concept of green shipping corridors –…
Globalia Blog
Tag: decarbonization of ocean freight industry
The use of LNG as a fuel of transition in the ocean freight shipping industry
LNG or Liquefied Natural Gas could be the fuel for the energy transition in the ocean freight shipping industry. The maritime sector which moves around 90% of the goods across the world is still heavily reliant on fossil fuels. Therefore, making this sector environmentally sustainable is one of the major priorities of governments as well…