In a new study, class society DNV GL has examined the future fuels landscape to look at the likeliest ways for shipping to cut its carbon output. The path is not easy: only 10 percent of the current orderbook will run on alternative fuel when delivered, and the proportion would have to rise sharply to meet IMO's target for a 50 percent cut by mid-century. In the study, DNV GL's team looked at nearly a dozen different fuel types and examined them in the context of 30 hypothetical market and regulatory scenarios. The modeling shows a wide variation in potential outcomes by mid-century, based on changes in underlying assumptions - for example, an IMO-led 50 percent carbon reduction by 2050 versus a much more ambitious full decarbonization by 2040. More information: Maritime Executive
