The adoption of alternative fuels, the integration of renewable energy sources, the implementation of digital technologies, and the optimisation of operations at ports and terminals all offer promising avenues to reduce emissions. However, quality fuel must be in good supply across various ports, seafarers must be trained to handle fuels with challenging characteristics and operate advanced digital technologies. Furthermore, industry stakeholders must work in close partnership to drive the industry towards a sustainable, low-carbon future.
This report examines the maritime industry’s decarbonisation efforts over the last 12 months to paint a picture of the current landscape. Using Thetius IQ, we have analysed over 700 market signals, identifying the development and application of key technologies to reduce emissions, and how they are doing so. Looking at market movement across the buyers and suppliers chain, we have found that while there is good progression in shipping’s decarbonisation, many challenges remain.
What are the requirements and policies to drive decarbonisation efforts? Includes updates on:
- EU Emissions Trading System (EU ETS)
- 2023 IMO Strategy on Reduction of GHG Emissions from Ships
- U.S. National Blueprint for Transportation Decarbonisation
- CII, EEXI, EEOI
- Maritime Single Window
Insight from Thetius IQ, including:
- Supply and demand by country and by company type
- Alternative power sources
- Digital technology
Decarbonisation market map 2022/23
Detailing 106 leading technology suppliers, 64 leading technology buyers, and 32 leading enabler organisations.
One, three and ten year outlooks on the state of decarbonisation technology in the industry:
- How investment in carbon-neutral fuels like methanol and hydrogen is increasing
- How focusing on bunkering infrastructure and training for seafarers will support fuel adoption.
- What new energy-saving technologies are available?
- Partnerships and collaborations for decarbonization activities.
- How the adoption of immersive training tools like VR and AR affects seafarers.
This report is available to all Thetius IQ subscribers and can be purchased as a one off report for £2950. Want to learn more? Download a sample report using the form below.