Low maturity and uncertainty of available solutions are among the top barriers to shipping’s decarbonisation, according to nearly a third of respondents in a Lloyd’s List survey in collaboration with classification society Lloyd’s Register

The findings of the survey confirm that parts of the industry are not ready to invest in alternative fuels or technologies viewed as immature.

Regulatory uncertainty around greenhouse gas emissions reductions is also creating further reluctance among companies to invest in these technologies, the survey found.

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