No single alternative fuel will be universally optimal (to meet emissions reduction targets) for global shipping, according to Wee Meng Tan, chief projects officer at the Global Centre for Maritime Decarbonization (GCMD) in Singapore.
“The GCMD approaches the future with a tech- and fuel-agnostic stance, focusing on solutions with viable decarbonization pathways,” Meng Tan told Cruise Industry News.
“Fossil fuels are likely to remain in the mix in the near- to medium-term,” he added, “given the long asset lifespan of ships, and the time it will take for alternative fuels to ramp up.
“We also anticipate wider adoption of energy-efficient technologies and carbon capture and storage as it becomes increasingly essential to plan for fuel transition pathways rather than fuel end-states.”
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