1、MARITIMEFORECASTTO 2050A deep dive into shippingsdecarbonization journeyEnergy Transition Outlook 2024FOREWORDThe stage is set.Driven by regulations,the IMOs decar-bonization goals,pressure from cargo owners,financing terms,and societal trends,shippings historic voyage towards full decarbonization i

2、s underway.IMO targets are clear:full-scale decarbonization by or around 2050,a 20%emissions reduction by 2030,and a 70%reduction by 2040.The question now is,how do we get there?Many in the industry are still waiting to see what happens but now is the time for leaders across the industry to step up.

3、This means making smart decisions now which can accelerate the maritime green transition.Full decarbonization will require large-scale transition to carbon-neutral fuels and the industry is continuing to embrace diverse fuel technologies like LNG,LPG,methanol,and ammonia.Production of green fuels is

4、 also underway but large-scale supply remains elusive and todays reality is that 93%of the world fleet is still running on conventional fossil fuels.In this latest edition of the Maritime Forecast to 2050,we explore how this can be turned around through pathways involving operational and technologic

5、al solutions.We examine how shipowners and other stakeholders can ensure that fleets meet emissions targets and regulations,while remaining competitive.With a range of uncertainties,we accept that this tran-sition will not be rapid,and the challenge must be faced with pragmatism.Simulations in Marit

6、ime Forecast to 2050 reinforce how energy-efficiency measures are essential to operating profitably into the 2030s and 2040s until cost and supply of carbon-neutral fuels become more feasible.Indeed,one of the few things which we do know for certain now is that investing in energy saving technologie