Decarbonisation targets risk ignoring technical reality, warns shipowner

Shipping must focus on energy efficiency rather than an “obsession” with alternative fuels that lack the necessary infrastructure, George Pateras said, arguing that decarbonisation efforts risk drifting away from technical and economic reality.

Speaking at the 9th Capital Link Cyprus Shipping Forum, the Contships executive and former president of the Hellenic Chamber of Shipping said the industry has already reduced emissions significantly over the past two decades, even before the International...