Global shippers discuss sustainable fuels at international summit

Global shipping leaders met in Montreal to explore sustainable fuel options for the industry, crucial as vessels built today will operate until 2050. At the International Chamber of Shipping summit, Chairman Emanuele Grimaldi emphasised the need for consensus on green energy, with methanol, ammonia, hydrogen, and nuclear propulsion being considered. The summit called for a levy on maritime greenhouse gas emissions to promote renewable fuel adoption and urged governments to increase sustainable fuel supply. The event highlighted the complexity of transitioning to green fuels amidst geopolitical challenges and rising protectionism affecting global trade. (Times Colonist)