The 2024 edition of the Maritime Forecast to 2050: A deep dive into shipping’s decarbonization journey.
The maritime industry needs to prioritise technological solutions until costs and supply of carbon-neutral fuels become more feasible.
The decarbonization of shipping is a complex puzzle with many potential solutions. IMO goals have been set and additional regulations like the EU ETS and FuelEU Maritime are now putting a cost on emissions. However, carbon-neutral fuels are expensive and in short supply so technological developments focused on energy efficiency and supported by digitalization need to be prioritised now to achieve short-term emissions reductions and lay the foundations for future success.
An unprecedented era of technological exploration is underway, and this year’s Maritime Forecast to 2050 report provides an overview of the technological and regulatory state of play in the industry, demonstrating different pathways to meeting the IMO’s GHG emission reductions targets.
Read the full white paper with the link below.