Shipping Executive: We Can t Order New Tonnage While Carbon Rules Are So Uncertain
by Ship & Bunker News Team
Thursday January 21, 2021 Shipowners ordering new vessels today face a smorgasbord of options with little guidance over how their choice will be viewed in the decades to come. File Image / Pixabay A shipping executive has lifted the lid on the chronic uncertainty owners currently face over decarbonisation while pondering new additions to their fleet.
Hamish Norton, president of
Star Bulk Carriers, told a podcast this week that orders across the shipping industry were being held back by indecision over future regulation.
“ We re not brave enough right now to order a newbuilding in the face of environmental regulations that are clearly, let s say, unstable.