PE Live: Shipping firms leading CO<sub>2</sub> charge set to reap rewards
Companies at the forefront of decarbonising shipping will benefit from membership of groups determining the future of the industry
Shipping companies that take a leading role in the decarbonisation of the industry are highly likely to outperform those that follow despite the high initial costs, a panel of leaders from across the shipping industry agreed on a PE Live webcast last week. Whether a company decides to take a leadership role depends on whether it believes that decarbonisation is a priority or not, says Tarek Helmi, partner at consultancy Deloitte Netherlands. “If you believe this is a global imperative, then you need to do something about it… We believe that if you are a leader in this space, you would benefit from it.” Leaders can benefit in multiple ways, according to Helmi. One of the most important ways i
Also in this section
6 December 2024
The NOCs are both looking to take advantage of the petrochemicals boom, with the Saudi firm snapping up stakes in Asian JVs tied to offtake agreements and its Emirati counterpart striking big M&A deals
5 December 2024
While Donald Trump’s future sanctions policy is anything but certain, he may use a ‘carrot and stick’ approach to pursue an end to the war in Ukraine, although any changes will not happen overnight
5 December 2024
The latest sanctions on Gazprombank and other Russian banks may cause disruption, but willing buyers of Russian energy will find ways to continue payments
5 December 2024
The new edition of Outlook, our annual publication about the year ahead for energy, produced in association with White & Case, is available now