Risks swirl around shipping’s green gold rush

As the marine sector accelerates its transition to net zero, the influx of unproven manufacturers and technologies present potential risks for shipowners and their insurers

Whisper it, but for some the race to decarbonise shipping is proving more perilous than any storm at sea. Putting aside the massive costs involved – which may prove to be a momentum killer – there are stark, near-term practical challenges that are already hitting marine insurers like a breaking wave.