The 'Annual Progress Report on Green Shipping Corridors 2024' highlights the significant growth in initiatives globally, indicating a 40% increase in 2023 to a total of 62 initiatives. The report emphasizes that a third of existing corridors have advanced to new phases, showing progress in feasibility studies and implementation roadmaps. However, it warns of a 'feasibility wall' that could hinder further development without urgent government intervention to address the costs of transitioning to sustainable energy sources. The report stresses the importance of national policies to bridge the cost gap and promote the adoption of alternative energy, including hydrogen-based fuels. It calls for government support to enable the development of green corridors and emphasizes the need for innovative commercial agreements and flexible governance approaches to facilitate collaboration and risk-sharing. Additionally, the report outlines recommendations for policy and finance exploration in the Global South, focusing on progressing against targets set by initiatives like the Clydebank Declaration. Jesse Fahnestock of the Global Maritime Forum underlines the essential role of green shipping corridors in achieving zero-emission shipping goals and highlights the potential breakthrough if industry and governments collaborate effectively. The report underscores the critical need for concerted efforts to ensure the continued growth and success of green shipping corridors worldwide.