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Fleet Readiness Surges, Fuel Supply Lagging

  • DNV’s Maritime Forecast to 2050 shows shipping’s energy transition entering a new phase.
  • Alternative-fuel-capable vessels will almost double by 2028. By 2030, they could burn 50 Mtoe of low-GHG fuels – double the volume needed to meet IMO targets.
  • Actual consumption today: only 1 Mtoe. Fleet readiness is surging, but fuel supply and infrastructure lag far behind.
  • IMO’s Net-Zero Framework (pending adoption in October) is already influencing investment and operational choices.
  • Key solutions identified:
    • Use existing fuel infrastructure for biodiesel and bio-LNG.
    • Deploy more efficiency measures on newbuilds.
    • Adopt onboard carbon capture (OCC).
    • Accelerate wind-assisted propulsion (WAPS), reducing fuel use by 5–20%.

Knut Ørbeck-Nilssen, CEO DNV Maritime: “The stage is set for the next phase of the maritime energy transition.”

Download the 2025 edition of the Maritime Forecast to 2050



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