Shipping can underpin crucial steps in the energy transition

The industry will have a central role in decarbonising the economy of the future by transporting greener fuels, according to the International Chamber of Shipping

The war in Ukraine and the economic impact of Covid-19 have shone a spotlight on the challenges facing the world’s energy supply. Disruption has been seen everywhere—from high prices at the pump for individual consumers to entire countries losing crucial gas supplies—all while the world aims to increase its climate action. The extreme short term may see countries seek all available energy resources (mainly fossil fuels). But the real takeaway is that the world needs to accelerate the production of zero-emission fuels and technologies. The world will need these fuels from new places, in strategic locations, on a commercial scale. We will need to transport those fuels worldwide as we transport