Geopolitical tensions accelerate the green transition

Interview from Stathis Theofilou BSM ESG Superintendent, as appeared in Naftemporiki

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The rising cost of conventional fuels and the measures envisaged by international organizations provide further incentives for investment in efficient alternative fuel technologies in shipping and carbon reduction strategies, says Stathis Theofilou, ESG Superintendent at Bernhard Schulte Ship-management. Theofilou says geopolitical tensions, conflicts and trade protectionism are pushing the shipping industry to adopt ESG goals by accelerating the transition to cleaner energy sources such as LNG and hydrogen to reduce dependence on volatile fossil fuel markets.

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