The July 2024 Ocean Freight Market Update highlights the current trends and developments affecting global shipping, with a specific focus on demand, capacity, rates, and regulatory impacts
Emissions from shipping could grow by 250% by 2050 if no action is taken.
Halving shipping’s emissions by 2050 could require $1.4 trillion in investment.
But the scale of this challenge could be big
enough to spur decarbonization across other sectors, too.