Ascertaining a green corridor‘s feasibility is a critical first step. It lays the foundation for a design approach and inspires stakeholder confidence. This is the work that helps stakeholders reach a memorandum of understanding before execution begins.
McKinsey has collaborated with the M198rsk Mc-Kinney Moller Center for Zero Carbon Shipping to create a blueprint to help stakeholders assess the feasibility of green corridor projects. Following are the 4 priority areas for stakeholders to consider when evaluating the feasibility of green corridors:
Alternative-fuels supply chain: Will there be a sufficient supply of clean-energy sources for ships?
Port, storage, bunkering infrastructure: How will the fuel be transported, stored and handled?
Vessel decarbonisation pathway: What are the implications for shipowners and operators regarding the investments needed for new vessels and retrofits? Cargo demand dynamics: Are cargo owners and end customers willing to support decarbonised shipping?From ‘Green Corridors Could Lead the Way to Zero-Carbon Shipping. But How Can They Become a Reality?’
by McKinsey & Co.
