After the shock vote to delay the IMO’s Net-Zero Framework, which would have been the world’s first global, industrywide carbon levy, shipping’s green transition has - for the most part - hit a jarring halt.
But that is not to say that all hope is lost. Nuclear is re-appearing in a country where few imagined it to ever return - Japan. This, too, could pave the way for nuclear to become shipping’s ultimate green fuel. There is still some (a long) way to go, but there is some cause for optimism.