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Decarbonization: the shipping industry struggles to convert commitments into measurable actions.

BCG’s latest survey of cargo owners provides insight on how shippers can navigate the dual challenges of taking on environmental responsibility and seizing the business opportunities presented by green shipping. Green shipping is broadly gaining momentum, with significant developments in both the public and private sectors. Nonetheless, cargo owners’ willingness to pay for green shipping falls far short of the level required for significant decarbonization of the maritime industry. Among the principal findings is that the shipping industry is still struggling to convert commitments into measurable actions. Source: BCG

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