DNV: The stage is set for next phase of maritime energy transition

Shipping’s energy transition is entering a new phase—one defined by strategic investment, accelerating fleet readiness, and emerging regulatory developments. This has been highlighted in the new edition of DNV’s Maritime Forecast to 2050.

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-fueled 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, DNV said.

Yet today, actual consumption of low-GHG fuels remains at just 1 Mtoe. This widening gap between capacity and use highlights both the scale of industry commitment and the urgent need for fuel producers and infrastructure developers to accelerate supply to match the fleet’s readiness.

“The stage is set for the