Most shipping industry players agree that green corridors—or shipping routes dedicated to vessels that run exclusively on alternative fuels—could be a powerful tool to accelerate the industry’s journey to zero-carbon shipping. Yet many questions remain about how to implement them.
Ascertaining a green corridor’s feasibility is a critical first step. It lays the foundation for a design approach and inspires stakeholder confidence, promoting closer dialogue among all involved parties. This is the work that helps stakeholders reach a memorandum of understanding before execution begins.
McKinsey has collaborated with the…