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    "headline": "Shipping Industry Shifts Focus from Fuel Prediction to Execution",
    "dek": "ABS warns shipping owners must prioritize execution and efficiency over fuel bets as carbon costs rise.",
    "prose": "ABS's 2026 Sustainability Outlook, titled 'Decision Point: Practical Pathways to 2035', argues that shipping industry winners over the next decade will be those best able to improve efficiency and execute investments at scale rather than those making the boldest fuel bets. [^1]\n\nThyssenkrupp Steel, ArcelorMittal Europe and Voestalpine issued a joint appeal in June urging reform of the European Union Emissions Trading System (EU ETS). [^2]\n\nTrade publication WNP reported that Thyssenkrupp plans a multi-week overhaul and modernization of the Schweigern 2 blast furnace at its Duisburg plant. [^3]\n\nABS argues that the business case for dual-fuel capability is considerably stronger on predictable liner trades than for spot-trading bulkers and tankers, where future fuel availability along constantly changing routes remains far less certain. [^4]\n\nABS calculates that the carbon-cost component for a conventional-fuel 14,000 teu containership trading substantially in Europe could approach $20m per vessel annually by 2035 under its base price assumptions. [^5]\n\nABS expects shipowners to operate under five to seven overlapping regimes covering the IMO, EU, UK, China, individual US states, and emerging bilateral green corridors, rather than a single global framework. [^6]\n\nThe Schweigern 2 blast furnace in Duisburg, commissioned in 1993, is 110 meters tall, has a hearth diameter of 14.9 meters, and produces about 12,000 tonnes of pig iron per day. [^7]\n\nThey also said the EU should expect a 30-40% decline in steel production and a threat to 5 million jobs in the value chain. [^8]",
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      "statement": "ABS's 2026 Sustainability Outlook, titled 'Decision Point: Practical Pathways to 2035', argues that shipping industry winners over the next decade will be those best able to improve efficiency and execute investments at scale rather than those making the boldest fuel bets.",
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      "statement": "The Schweigern 2 blast furnace in Duisburg, commissioned in 1993, is 110 meters tall, has a hearth diameter of 14.9 meters, and produces about 12,000 tonnes of pig iron per day.",
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