The module starts with the most current decarbonization concepts and definitions and continues to explain the current shipping regulatory framework (international and regional) and the various private initiatives. It discusses possible additional shipping decarbonization regulations for the future. It highlights the pitfalls and weaknesses in the current shipping regulations and their side effects for the ship management companies. It provides the latest scientific information on the various decarbonization methods and possible alternative fuels, shifting through common misinformation and misconceptions. Finally, the module will highlight how these regulations and decarbonization efforts are expected to change shipping’s usual modus operandi, its financing and the relationships between shipowners and charterers, among others.
