Climate risks in shipping
Hannah Mosmans·Marie Fricaudet·Stella Ebbersmeyer·Jolien Kruit·Beatriz Martínez Romera·Nishatabbas Rehmatulla
Abstract This article presents a structured and holistic analysis of key climate-related transition risks facing the global shipping industry. As maritime transport undergoes decarbonization, it is confronted with a range of interdependent challenges, which can be ordered in five primary categories: litigation, policy, contractual, technological, and social risks. These risks interact in complex ways, giving rise to cascading effects that can amplify operational, legal, and financial vulnerabili