Shipping Industry Faces Challenges in Securing Carbon-Neutral Fuels for 2030 Emission Targets

Fuel TechHigh Tech / High Touch
Written By Jennifer Joslyn

🚢  Shipping Industry Faces Challenges in Securing Carbon-Neutral Fuels for 2030 Emission Targets.

The shipping industry may struggle to secure enough carbon-neutral fuels to meet the 2030 maritime emission targets, according to DNV. The sector will require a substantial portion of the global carbon-neutral fuel supply by 2030, making competition for greener fuels from other sectors fierce. To achieve emission reductions, DNV suggests that the industry should focus on energy efficiencies, carbon emission reductions beyond fuels, and alternative approaches like air lubrication systems, wind-assisted propulsion, onboard carbon capture and storage, and nuclear propulsion. Half of the ordered tonnage is now capable of using alternative fuels, reflecting an ongoing transition in fuel technology.

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Jennifer Joslyn
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