Will COVID-19 Force a Rethink on Green Goals?

摘要

As maritime companies report their first quarter results, even those with good results are hedging their bets when it comes to the rest of the year. Though the cruise industry was most obviously hard hit, maritime as a whole is coming to the realization that belts will have to be tightened in the months ahead.Shipping is the servant of world trade, and that's equally true whether you're carrying export cargoes down the Mississippi or containerloads of goods from China into West Coast ports.In our Industry Insights section on page 6, you can see the impact COVID-19 has already had on U.S. ports.Nonetheless, shipping will still have to make the massive capital expenditures needed to meet IMO's GHG reduction targets. Is there any chance that IMO will ease those goals? It seems unlikely.