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NEWS ROUND-UP
Several initiatives within the industry are helping shipowners and operators to adjust to stringent environmental regulations
HELPING TO MEET TOUGH TARGETS This month sees the launch of DNV’s Maritime Forecast to 2050, which was conceived to help shipowners navigate the technologies and fuels needed to meet global greenhouse gas targets. The report features an updated carbon risk management framework, including a new “decarbonisation stairway” model to help owners map a path to sustainability. The report aims to assist an industry facing the dual challenge of increasingly stringent climate change targets and regulations coupled with uncertainty over future fuel choices, technology and supply. It is, according to DNV Maritime CEO Knut Ørbeck-Nilssen, “the grand challenge of our time”. “Choosing the right fuel today for operations tomorrow is a daunting task that all owners must face up to,” says Ørbeck-Nilssen. “The business environment is changing in line with the natural one, leading not just to increased regulatory requirements, but also to new cargo-owner and consumer expectations and more
C L E A N S H I P P I N G INTERNATIONAL – Autumn 2021
rigorous demands from capital investors and institutions. “A misstep today in newbuild fuel strategies can have damaging consequences for businesses and assets in the future. So, owners need practical, expert advice and smart solutions to ensure vessels stay competitive, compliant and commercially attractive over their lifetimes. This is where the Maritime Forecast to 2050 can help turn strategic uncertainty into confident decisionmaking,” he says. To support shipowners, DNV provides an updated framework for managing carbon risk in newbuilding designs, a technoeconomic evaluation of fuel strategies, and the vessel design implications of those chosen approaches. The decarbonisation stairway is introduced to show how individual owners can adapt to stay below the required greenhouse gas emission trajectories. It also helps to inform decisions on newbuildings a far as fuel storage and propulsion, design, safety and fuel ready solutions.
