Article

The EU Emissions Trading System (ETS), expanded to maritime in 2024, incentivizes shipping companies to enhance monitoring and reporting of emissions. As the industry faces geopolitical unrest and climate challenges, the adoption of clean fuel vessels and the blue economy's role in driving technology innovation are under scrutiny.

The number of LNG-fuelled ships is projected to rise from 638 in 2024 to 1,200 by 2028, while alternative fuels like LPG, Ammonia, and Hydrogen present various benefits and challenges. Innovations such as air lubrication and solar-powered port infrastructure aim to improve energy efficiency.

The shift towards smaller, agile vessels and transshipment models enhances routing flexibility and supports alternative fuel designs. However, achieving net-zero targets will require significant technological breakthroughs, robust monitoring, and reporting to understand emissions and investment strategies.