Decarbonization Dilemma: DNV Highlights Only Two Paths for Operators

Capt. John
Credit: Anastasia Pavlova/Pexels

According to DNV’s latest “Transport in Transition” report, oil demand in the transport sector (road, aviation, and maritime) is expected to decline by 50% by 2050. The report highlights that the maritime sector, driven by decarbonization efforts, will undergo significant changes in its fuel composition over the next few decades. It predicts a transition from predominantly oil-based fuels to a mix consisting of 50% low- and zero-carbon fuels, 19% natural gas, and...

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