Today, Carbon War Room (CWR) and UMAS released research that suggests climate transition pathways pose risks to the banks that hold $400 billion of global shipping debt. With the onset of climate policies as soon as 2023, there will be a need for significant capital investment to keep vessels competitive. Navigating Decarbonisation: An approach to evaluate shipping’s risks and opportunities associated with climate change mitigation policy lays out the first approach to climate stress-testing of shipping assets and proposes that enhanced due-diligence undertaken today by financiers, shipowners and shareholders can help deliver long-term value and avoid losses by the mid-2020s. Read More.
Variable engine-driven accessories are emerging as fuel-saving strategies for long- and regional-haul fleets, according to the latest Confidence Report released today by the North American Council for Freight Efficiency (NACFE) and Carbon War Room. Read More.