Shipping Industry Accelerates Decarbonization Efforts Amid Growing Initiatives and Challenges
CARBON CAPTURE
The shipping industry is witnessing a shift from ambition to action in decarbonization, according to DNV's latest maritime forecast. With increasing orders for dual fuel vessels and advancements in technology, the industry faces challenges such as inadequate supply of zero carbon fuels and the anticipated cost implications of the IMO's net zero framework. DNV emphasizes the need for diverse solutions, including carbon capture corridors and the adoption of biofuels, to navigate these hurdles and spur investments in necessary infrastructure.
Sep 17, 2025, 7:25 AM