New research from Lloyd’s Register and University College London’s Energy Institute explores the drivers for the future energy mix in shipping in 2030
- Report indicates that in all scenarios heavy fuel oil remains the main fuel for deep sea shipping; LNG develops a deep sea bunker market share of 11%; low sulphur heavy fuel oil and hydrogen emerge as alternatives in certain scenarios
- In Global Commons, the most optimistic scenario for a more sustainable world, global greenhouse gas emissions from shipping decline from 2025 despite significant growth in shipping
- Study shows that the combination of growth in trade and reduced emissions would require a reduction in fossil fuel dependency and the commencement of a transition to a zero carbon fuel like hydrogen
Global Marine Fuel Trends 2030 released today by Lloyd’s Register provides insight into future fuel demand for the containership, bulk carrier/general cargo and tanker sectors – representing approximately 70% of the global shipping industry’s fuel demands.