WEBVTT 1 00:00:00.510 --> 00:00:01.890 Why are shipping companies 2 00:00:01.890 --> 00:00:05.400 struggling to turn commitment into action? 3 00:00:05.400 --> 00:00:08.610 In this video, we will unveil the hidden barriers 4 00:00:08.610 --> 00:00:11.945 and untapped opportunities of green shipping. 5 00:00:11.945 --> 00:00:14.820 (soft music) 6 00:00:14.820 --> 00:00:16.530 Our annual survey shows 7 00:00:16.530 --> 00:00:19.230 that the premium cargo-owners are willing to pay 8 00:00:19.230 --> 00:00:24.230 for green shipping has doubled to 4% in just two years. 9 00:00:24.630 --> 00:00:27.660 But...it is still far away from what we need 10 00:00:27.660 --> 00:00:30.751 to truly revolutionize the industry. 11 00:00:30.751 --> 00:00:33.600 (whooshing) 12 00:00:33.600 --> 00:00:36.480 Three key barriers are limiting progress. 13 00:00:36.480 --> 00:00:39.870 Firstly, changing regulations are forcing companies 14 00:00:39.870 --> 00:00:41.640 to adapt swiftly. 15 00:00:41.640 --> 00:00:45.090 Secondly, companies need to make critical investments 16 00:00:45.090 --> 00:00:47.100 in assessing green fuels. 17 00:00:47.100 --> 00:00:50.730 And finally, cargo-owners are setting ambitious goals 18 00:00:50.730 --> 00:00:53.130 without adjusting their budget. 19 00:00:53.130 --> 00:00:56.313 But despite these barriers, there are glimmers of hope. 20 00:00:57.210 --> 00:00:59.550 Cargo-owners with Scope 3 commitments 21 00:00:59.550 --> 00:01:02.610 are leading the charge and want to act now. 22 00:01:02.610 --> 00:01:06.060 But 70% of them say they simply lack access 23 00:01:06.060 --> 00:01:07.773 to a green shipping product. 24 00:01:11.100 --> 00:01:14.190 So what should shipping companies do next? 25 00:01:14.190 --> 00:01:16.187 Get smart with your strategy: 26 00:01:16.187 --> 00:01:19.413 Target willing customers and plan how to reach them. 27 00:01:20.760 --> 00:01:23.430 Team up: Work with industry leaders 28 00:01:23.430 --> 00:01:25.833 to create a green fuel value chain. 29 00:01:27.180 --> 00:01:29.280 Show bold leadership: 30 00:01:29.280 --> 00:01:32.133 Prioritize progress over perfection. 31 00:01:33.270 --> 00:01:35.940 To steer towards a sustainable future, 32 00:01:35.940 --> 00:01:39.030 we need strong collaboration between customers 33 00:01:39.030 --> 00:01:40.860 who want to get green solutions 34 00:01:40.860 --> 00:01:43.500 and companies that can provide them. 35 00:01:43.500 --> 00:01:45.127 Let's achieve this together. 36 00:01:45.127 --> 00:01:47.877 (logo whooshing)