Maritime Forecast to 2050

Fuel availability is increasingly becoming an energy and production resource challenge and less of a technical challenge

Key onboard technologies for use of hydrogen and ammonia will be available in 3-8 years, while other technologies for methanol already are.

Shipping’s energy transition is reliant on, but might be constrained by, the availability and price of energy sources: electricity from renewable sources, biomass, or fossil energy with CCS.

To maximise the potential of biomass, it should be reserved for hard to abate sectors like aviation and shipping.

Provided energy can be made available, production capacity will be a barrier and must be scaled up to meet shipping’s coming demand for carbon-neutral fuels.

For shipowners to choose carbon-neutral fuels, the fuels must be available in relevant ports, and coordinated plans must be made for increasing availability: from extracting energy from an energy source, to fuel production and distribution.

Click here to download our report and learn more.