DNV, a classification society and recognised advisor for the maritime industry, has recently unveiled its latest 'Maritime Forecast to 2050' report with a new focus on how to overcome fuel availability.

The report considers the comprehensive production, distribution and bunkering infrastructures required to enable the maritime industry’s shift to carbon-neutral fuels. It also presents an updated outlook on regulations, drivers, future technologies, and costs for decarbonizing shipping. It models two different decarbonization pathways: ‘Current IMO ambitions to 2050’ and ‘Full Decarbonization by 2050’. DNV’s modelling points to a diverse future energy-mix comprising both fossil and carbon-neutral fuels, with fossil fuels gradually phased out by 2050.

“The search for the best alternative carbon-neutral fuel options and technologies is underway as the entire world seeks to decarbonize,” said DNV Maritime CEO Knut Ørbeck-Nilssen. “No industry can decarbonize in isolation so global industries need to make the right choices together, and sustainable energy should be directed to where it has the biggest impact on reducing GHG emissions. The ultimate hurdle is fuel availability and to overcome it, supply chains must be built through cross-industry alliances."

Download the full 2022 Maritime Forecast to 2050 here.

Photo: Presenters at Maritime Forecast to 2050 press conference in Hamburg, 5 September, 2022. (Left to right): Knut Ørbeck-Nilssen (CEO Maritime, DNV); Eirik Ovrum (Principal Consultant & Report Author); Remi Eriksen (CEO, DNV).