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Madhu Vadakkepat, commercial director of N2 Tankers, states the maritime industry is unprepared for net-zero emissions, citing a lack of consensus on government policies and insufficient training for seafarers, especially regarding LNG fuel. He notes that 60% of new ship orders are LNG-ready but highlights challenges such as methane slip, fuel availability, and a shortage of trained engineers.

Vadakkepat suggests pooling compliance benefits from biofuels and mentions wind-assisted propulsion as a viable technology to reduce fuel consumption. He stresses the importance of industry collaboration to achieve the IMO Net-Zero Framework.