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Reuters

Container shippers hedging green transition with dual-fuel vessel orders

Reuters
Summary
Nutrition label

75% Informative

Maersk, CMA CGM and COSCO have ordered hundreds of new vessels in recent years to help their industry slash greenhouse gas ( GHG ) emissions.

Decarbonizing shipping is important to global efforts to fight climate change because it accounts for about 3% of global greenhouse gases.

The U.N. 's International Maritime Organization has set a goal to zero out shipping industry emissions by 2050 .

Hapag-Lloyd won a two-year contract to provide waste-based biomethane-powered shipping for the Zero Emission Maritime Buyers Alliance that includes major shippers like Amazon , IKEA , and Nike .

Several companies are making investments in other alternative fuels like green methanol and ammonia .

VR Score

85

Informative language

90

Neutral language

43

Article tone

formal

Language

English

Language complexity

55

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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