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Green shipping struggles in old-fashioned industry

Wärtsilä chief says industry players need to ditch outdated mindset and invest in vessels that run on environment-friendly LNG which can be cost-competitive in the long run.

Published Sun, May 28, 2017 · 09:50 PM

    Singapore

    THE chief executive of Helsinki-headquartered Wärtsilä Corporation, Jaakko Eskola, describes shipping as "an old-fashioned industry".

    Mr Eskola is not alone in making this observation - the industry at large is widely considered to be behind the curve in keeping up with changing dynamics of the digital age.

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