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 –…
The container shipping industry is a major contributor to global carbon emissions, with diesel-powered freighter ships responsible for transporting approximately 90% of global cargo. This reliance on carbon-emitting vessels underscores the international economy’s dependence on this mode of transportation. Furthermore, most container ships utilize heavy bunker fuel, which exacerbates carbon emissions. Annually, the sector consumes…