One-Third of Shipping Industry Struggling with Transition to Sustainable Fuels

Fuel TechHigh Tech / High Touch
Written By Jennifer Joslyn

One-third of shipping companies do not know the type of fuel their vessels will run on in future decades, according to a survey by the Global Centre for Maritime Decarbonisation, the Global Maritime Forum, and the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping, with analysis by McKinsey. Of those surveyed, 46% have already run pilot programs involving one or more low-carbon fuels, whereas 35% have taken no action regarding greener fuels.

Respondents expect to spread consumption across multiple compatible fuels and 49% expect to adopt four or more fuel families within their fleets by 2050. Making the leap to a greener-fuel future will require decades of work, but respondents are clear on what they will need to accelerate the transition.

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Jennifer Joslyn
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