THE world is not on track for zero-emission fuels to account for five per cent of international shipping fuels by 2030, a new analysis has found, Reuters reports.
Launched at the Global Maritime Forum's annual summit in Athens, the assessment finds that current scalable zero-emissions fuel (SZEF) production in the pipeline would cover just a quarter of the fuel needed by 2030.
And the delivery of zero-emission vessels is also faltering. At the end of 2022, there were 24 ships capable of running on SZEF - mostly methanol - with another 144 on order.
But current orders are just one-fifth of what is needed to meet mid-term goals, found the report, carried out by the UMAS consultancy which includes University College London Energy Institute experts.
'It's just not enough at scale or at the pace that is needed,' said Kathryn Palmer, shipping lead of the UN COP Climate Champions.
SeaNews Turkey
Launched at the Global Maritime Forum's annual summit in Athens, the assessment finds that current scalable zero-emissions fuel (SZEF) production in the pipeline would cover just a quarter of the fuel needed by 2030.
And the delivery of zero-emission vessels is also faltering. At the end of 2022, there were 24 ships capable of running on SZEF - mostly methanol - with another 144 on order.
But current orders are just one-fifth of what is needed to meet mid-term goals, found the report, carried out by the UMAS consultancy which includes University College London Energy Institute experts.
'It's just not enough at scale or at the pace that is needed,' said Kathryn Palmer, shipping lead of the UN COP Climate Champions.
SeaNews Turkey