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Oslo Ocean Days: Shipping's Energy Transition Gathers Pace
At Oslo Ocean Days, attendees discussed how efficiency, new fuels and cross-industry collaboration are accelerating shipping's path to zero carbon.
Oslo Ocean Days brought together leaders across shipping, energy, insurance and government to take stock of how fast the maritime sector's energy transition is actually moving, and what it will take to move it faster.
The picture that emerged was one of parallel progress. Efficiency gains and new fuel development are no longer competing priorities but complementary tracks, running alongside continued pressure for the carbon regulation needed to accelerate both. A growing number of projects now show that zero carbon shipping works in practice, not just in theory, with shifts in global fuel availability gradually easing one of the sector's longest-standing constraints.
That progress is not being built by shipping alone. Insurers are emerging as active partners in the transition, building and sharing knowledge on new technologies and fuels across the industries they cover, work that keeps innovation insurable while it matures. Finance, insurance and shipping are increasingly acting as one system rather than three, a shift rooted in an industry with collaboration built into its founding structures.
Disruption featured prominently in the discussion as well. From the closure of the Strait of Hormuz to broader market uncertainty, panelists pointed to a consistent pattern: periods of volatility, and the energy price pressure that comes with them, tend to strengthen the long-term case for renewables rather than weaken it.
Across every conversation, the same theme held: the maritime sector's path to a more resilient, sustainable future depends on efficiency, new fuels, shared knowledge and cross-sector collaboration moving together, exactly the kind of systems-level work SMI exists to convene.