How will technology integration help the shipping industry to maximise vessel and voyage efficiencies and reach its net zero goals both faster, and – vitally – smarter?
Norsepower is hosting a panel discussion where participants will challenge conventional thinking around clean technology investment, a market that has often been characterised by investments in one single technology, with financial decisions often based upon on antiquated payback algorithms. Panellists will highlight the variety of drivers challenging the industry to decarbonise: the anticipated cost of carbon as a tax or levy, increasing fuel costs as new, low carbon fuels emerge, pending EEXI and CII regulations, and ‘demand side’ ESG drivers from shippers, banks and other stakeholders.
• What do you see as the key drivers for decarbonisation in shipping: the anticipated cost of carbon as a tax or levy, increasing fuel costs as new, low carbon fuels emerge, pending EEXI and CII regulations, ‘demand side’ ESG drivers from shippers, banks and other stakeholders?
• What is the scale of the opportunity for multiple clean technologies, including wind propulsion, working in tandem with voyage optimisation?
• Is it time to rethink the ‘payback period’ investment model, especially when looking at multiple technology investment?