The shipping industry, a sector that has traditionally not earned a reputation for being very environmentally friendly, is heavily investing into a greener future. Whether building more efficient vessels, upgrading existing ones to meet higher standards, or improving ship recycling and dismantling – more sustainable ways of doing business by water are continually rolled out.
‘Not only is this fact driven by unanimous understanding of why decarbonisation is necessary in the current climate but also by the wave of environmental regulatory change – national, European, and international’, says HFW partner Alessio Sbraga.