New insights from DNV’s Maritime Forecast to 2050 show that shipping’s energy transition is entering a new phase.
According to DNV, With the IMO’s Net-Zero Framework (NZF) approved but pending adoption in October, and the number of alternative-fuel-capable vessels in operation set to almost double by 2028, shipowners are shifting from preparation to action.
By 2030, the alternative-fuelled fleet will be able to burn up to 50 million tonnes of oil equivalent (Mtoe) of low-greenhouse gas (GHG) fuels annually, double the estimated volume needed to meet the International Maritime Organization’s (IMO) 2030 emissions target.
Yet today, actual consumption of low-GHG fuels remains at just 1 Mtoe. Continue reading “DNV Maritime Forecast to 2050 on the future of shipping and alternative fuels”
You don’t need me to remind you of the safety concerns and issues surrounding lithium-ion battery technology. My views are well known! But this is the first instance I am aware of a narrowboat on the UK canal network exploding as a result of this battery technology. Reports suggest that debris was thrown 40ft across the canal and witnesses said the explosion was very loud and shook their boats. Fortunately, there were no injuries. This is yet another wake up call, but sadly, I suspect we will never know what caused the batteries to blow given the total destruction of the boat. 
