"Given the uncertainties surrounding the availability and cost of low-carbon fuels, the industry needs to explore alternative measures such as drop-in biofuels (can be blended with fossil fuels), on-board carbon capture and storage systems and advanced energy efficiency technologies," she added."Shipping’s fuel transition will be difficult and progress will not be linear. To achieve our industry’s decarbonization goals, we need clearer regulations, stronger policies, more sustainable investment, faster permitting and more efficient construction," Loo emphasized. "Every step forward, no matter how small, contributes to the final goal," she underlined.