Climate change is affecting everything and everyone. From every imaginable angle.

The present energy transition is creating a vast number of opportunities and challenges, at a frenetic pace.
This refers not only to the most convenient and renewable fuel, or the cleanest, and most sustainable energy. It also alters the way we think, and the way that our systems operate (SPGlobal, 2023).

Do we just want to be competitive, or are we really focused on achieving concrete, sustainable goals?
The environmental benefit is of significant magnitude and action is vital. While the subsequent business impact is a considerable challenge to weigh up, sustainable management is now the accepted norm, and shipping companies have a very important role to play in the integration and speed of the process.

How quickly we proceed is a contentious point. Should we aim to be a carbon neutral company, or do we only attempt to mitigate the environmental impacts considering the available resources to start working on company goals now, and how much money do we intend to invest in system upgrades?
For example, reducing or re-utilizing the waste heat generated by diesel generators to provide heating, cooling power, air conditioning pre-heating systems, would have a more than noticeable effect on the environment. This is the result of improving the efficiency of energy flow, from electric generation and distribution to consumption.
 
With sustainable management regulations in place, and new and emerging technologies, will companies go further than the law and at what speed should the energy transition occur? It is crucial to understand what are sensible, realistic and achievable outcomes with regard to the IMO 2030 and 2050 goals and timelines for the Green House Gases (GHG) emission from shipping comparing to the 2008 baseline and the Intergovernmental Panel on Climate Change (IPCC) (IMO, 2023).

Developing a better understanding of how the environmental impacts of shipping can be limited would assist regulatory bodies in raising the awareness of the ships company and crews, and embolden their commitment towards sustainable management procedures during standard operations. We are therefore all committed to promoting further awareness of the environmental impact from the shipping industry through the implementation of decarbonization protocols, trainings and adherence to energy saving and sustainability management measures.

These are some of the questions that will frame the immediate future, and their answers will set the pace and scope of change. 

Reference:
https://www.spglobal.com/en/research-insights/articles/what-is-energy-transition

https://www.imo.org/en/MediaCentre/HotTopics/Pages/Cutting-GHG-emissions.aspx