Energy Transition Outlook 2020

Maritime Forecast to 2050

This year’s Maritime Forecast aims to enhance the decision-making of shipowners as they navigate the technological, regulatory and market uncertainties surrounding decarbonization:

  • A library of 30 scenarios has been developed that project future fleet composition, energy use, fuel mix, and CO2 emissions to 2050. Each of our scenarios belongs to one of three distinct decarbonization pathways. 
  • We model 16 different fuel types and 10 fuel technology systems. We analyse how particular fuel-technology alternatives perform commercially in a new Panamax bulk carrier as a case study. 

Managing decarbonization risks is critical to protect the future value, profitability, and competitiveness of a vessel. Picking the wrong fuel solution today can lead to a significant competitive disadvantage.