Green Shipping Corridors Face Cost Hurdles Despite Policy Support

While current and upcoming policies from the International Maritime Organization (IMO), European Union, and United States will improve the business case for green shipping corridors, additional support measures are still needed to make these initiatives commercially viable, according to a new report from UMAS, the UCL Energy Institute, and the Global Maritime Forum.

The study, titled ‘Building a Business Case for Green Shipping Corridors,’ examines how green corridor projects, which aim to establish maritime value chains for sustainable fuels like hydrogen-derived e-ammonia and e-methanol, continue to face sig…