Speeding up the transition to sustainable shipping

IT IS no exaggeration to say modern Singapore has been built on shipping. The city-state’s port is the world’s second-largest in terms of freight handled; since 2015, Singapore has been ranked as the world’s top maritime capital.

Singapore Maritime Week gets underway this week, amid major challenges in a global industry that is facing significant upheaval and needing to step up the current pace of change.

A decade ago, few outside of the laboratory would have heard of sustainable aviation fuel. These days, the term is ever-present across the business and sustainability communities, and global airlines are competing to reassure customers and shareholders that they are well-prepared for the change that’s taking place.