MAN forecasts: Only "massive" retrofitting can ensure shipping's green transformation

The spread of green fuels such as methanol and ammonia is not enough to ensure that shipping achieves its green energy transition by 2050, MAN SVP predicts. Growth in world trade may have the sector’s CO2 emissions increasing substantially.

Bjarne Foldager, senior vice president, MAN Energy Solutions. | Photo: WatchMedier

Although carrier interest in alternative fuels such as methanol and ammonia is growing significantly at the moment, the shipping industry is nevertheless set to, by 2050, emit up to two thirds of the amount of CO2 it does today.

So predicts one of the world’s leading engine developers, MAN Energy Solutions, in a gloomy forecast for the shipping industry’s fuel consumption and CO2 emissions over the next 28 years.

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