Accelerating the shipping energy transition through decisive emissions policies

Fossil fuels and sustainable fuels are on the path to cost parity within the next few decades as a result of evermore stringent international regulations. Mikael Wideskog, director, sustainable fuels & decarbonisation at Wärtsilä delves into where the industry needs to focus to most effectively harness this parity, namely: investing in fuel flexible technology, addressing the cost of transition and fostering a system of intra and inter-sector collaboration.