Year: 2021 Language: english Author: DNV Genre: Documentation Format: PDF Quality: eBook Pages count: 82 Description: This publication is one out of DNV’s suite of Energy Transition Outlook (ETO) reports. This latest publication examines how the increasing pressure to decarbonize shipping, and the resulting shifts in how they are powered, may affect shipowners contracting new tonnage – with focus on practical solutions and fuel strategies to tackle the shift from conventional to zero/ carbon-neutral fuels.
Contents
The maritime industry will go through a period of rapid energy and technology transition that will have a more significant impact on costs, asset values, and earning capacity than many earlier transitions. Shipowners are already experiencing increasing pressure to reduce the greenhouse gas footprint of maritime transport. This report provides an updated outlook on the regulatory and commercial drivers for decarbonization of shipping: — Three fundamental key drivers will push decarbonization in shipping in the coming decade: regulations and policies, access to investors and capital, and cargoowner and consumer expectations. — The Initial IMO GHG Strategy currently drives policy development within international shipping, and the first wave of regulations will take effect from 1 January 2023 (i.e. EEXI, CII). We expect them to have a significant impact on design and operations of all ships. — While all ships need to fulfil the minimum compliance requirements from the IMO, commercial pressure may push shipowners to aim for a leading position in decarbonization, as we expect that poorly performing shipping companies will be less attractive on the charter market, and may also struggle to gain access to capital.
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DNV_Maritime_Forecast_2050
Language: english
Author: DNV
Genre: Documentation
Format: PDF
Quality: eBook
Pages count: 82
Description: This publication is one out of DNV’s suite of Energy Transition Outlook (ETO) reports. This latest publication examines how the increasing pressure to decarbonize shipping, and the resulting shifts in how they are powered, may affect shipowners contracting new tonnage – with focus on practical solutions and fuel strategies to tackle the shift from conventional to zero/ carbon-neutral fuels.
Contents
The maritime industry will go through a period of rapid energy and technology transition that will have a more significant impact on costs, asset values, and earning capacity than many earlier transitions. Shipowners are already experiencing increasing pressure to reduce the greenhouse gas footprint of maritime transport.This report provides an updated outlook on the
regulatory and commercial drivers for decarbonization of shipping:
— Three fundamental key drivers will push decarbonization in shipping in the coming decade: regulations and policies, access to investors and capital, and cargoowner and consumer expectations.
— The Initial IMO GHG Strategy currently drives policy development within international shipping, and the
first wave of regulations will take effect from 1 January
2023 (i.e. EEXI, CII). We expect them to have a significant impact on design and operations of all ships.
— While all ships need to fulfil the minimum compliance requirements from the IMO, commercial pressure
may push shipowners to aim for a leading position in decarbonization, as we expect that poorly performing shipping companies will be less attractive on the charter market, and may also struggle to gain access
to capital.
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DNV_Maritime_Forecast_2050_2021-Web.pdf
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