eprintid: 10205592 rev_number: 10 eprint_status: archive userid: 699 dir: disk0/10/20/55/92 datestamp: 2025-03-17 13:23:18 lastmod: 2025-03-17 13:24:25 status_changed: 2025-03-17 13:23:18 type: report metadata_visibility: show sword_depositor: 699 creators_name: Aymer, Deniz creators_name: Contributors, creators_name: Rehmatulla, Nishatabbas creators_name: Baresic, Domagoj creators_name: Smith, Tristan creators_name: Boyland, Joe creators_name: Talalasova, Elena title: Building a Business Case for Green Shipping Corridors ispublished: pub divisions: UCL divisions: B04 divisions: C04 divisions: F34 note: This version is the version of record. For information on re-use, please refer to the publisher’s terms and conditions. abstract: Green shipping corridors—first mover initiatives that seek to advance high-ambition solutions for zero emission shipping on dedicated trade routes—face significant commercial challenges. In the absence of regulation or direct support from governments, the private sector currently lacks either the ability or appetite to bridge the cost gap. However, this is changing. The EU’s ‘Fitfor55’ package and IMO’s upcoming mid-term measures will mandate and incentivise shipping’s energy transition. Government funding for low emission fuel projects has started to flow and a need for demand-side support has been acknowledged. Across shipping’s sub-sectors, a combination of such measures could crystallise the business case for a green shipping corridor. date: 2025-02-25 date_type: published publisher: UMAS and UCL Energy Institute official_url: https://www.ucl.ac.uk/bartlett/energy/publications/2025/feb/building-business-case-green-shipping-corridors oa_status: green full_text_type: pub language: eng primo: open primo_central: open_green commissioning_body: Global Maritime Forum verified: verified_manual elements_id: 2366003 confidential: false lyricists_name: Rehmatulla, Nishatabbas lyricists_id: NREHM95 actors_name: Rehmatulla, Nishatabbas actors_id: NREHM95 actors_role: owner full_text_status: public place_of_pub: London, UK pages: 72 citation: Aymer, Deniz; Contributors; Rehmatulla, Nishatabbas; Baresic, Domagoj; Smith, Tristan; Boyland, Joe; Talalasova, Elena; (2025) Building a Business Case for Green Shipping Corridors. UMAS and UCL Energy Institute: London, UK. Green open access document_url: https://discovery.ucl.ac.uk/id/eprint/10205592/1/Building%20a%20Business%20Case%20for%20Green%20Shipping%20Corridors%20final.pdf