With the growing importance of ESG (Environmental, Social and Governance) policies by consumers, policymakers and the wider industry, it was clearly felt that decarbonisation is the number one challenge, to avert the existential threat that climate change poses to both the cruise industry and the planet itself.Ĭruise ship operators already have been quick to address energy efficiency measures and the need for cleaner fuels, for example with the widescale adoption of LNG-powered propulsion within the sector, thereby virtually eliminating SOx, NOx and particulate matter and reducing CO2 by some 20%. This was the finding of post-event roundtable of leading industry participants held by LR under ‘Chatham House Rule’ – meaning no mention of individuals’ identities or affiliations can be referenced – identified a number of key issues. The Seatrade Cruise Global 2021 event held end-September in Miami painted an upbeat picture of the industry’s commercial prospects as travellers’ confidence returns since new health protocols have been introduced as a result of the COVID-19 pandemic, but cruise ship operators still face a massive challenge in the form of decarbonisation.
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