DNV GL: Energy transition changes the shape, but not the importance of shipping to the global economy (FOTO)

Hamburg (ots) -

DNV GL published the Maritime Forecast to 2050 which analyses the
impact of the changing global energy system on the shipping industry
through to 2050. The report explores how the expected shifts in
energy production and demand, GDP growth, industrial production and
regional manufacturing might change the maritime industry, and the
impact on individual ship segments.

"Big and rapid changes are happening in the way the world uses and
produces energy," says Remi Eriksen, Group President and CEO of DNV
GL. "Our Energy Transition Outlook (ETO) shows that by mid-century,
the energy supply mix is likely to split equally between fossil and
renewables. Advances in energy efficiency will also see the world's
demand for energy flattening after 2030. These trends will impact all
players in the maritime sector."

The Maritime Forecast projects that heading to 2030, shipping will
continue to enjoy robust growth. From 2030 to 2050, demand continues
to increase, but less rapidly - with the growth primarily in
non-energy commodities, such as the container trade and non-coal
bulk. In addition to the changing energy production and export
patterns, shipping's fuel mix will become much more diverse. In 2050,
oil will remain the main fuel option for trading vessels, but natural
gas will step up to become the second-most widely used fuel, and new
low carbon alternatives will proliferate.

"In the Maritime Forecast we can see the trends of today become
the paradigms of tomorrow," says Knut Ørbeck-Nilssen, CEO of DNV GL -
Maritime. "Shipping will continue its drive for greater efficiency by
reducing costs, improving utilization, lowering fuel consumption,
increasing vessel size, and deploying new technologies. The current
wave of digitalization transforming the industry will also have a
profound impact - advancing design and operation and creating new
business models."

DNV GL has published a suite of reports on the Energy Transition
Outlook website, which are available to download free of charge. The
main ETO report covers the transition of the entire energy mix to
2050. In addition to the Maritime Forecast, two other sector-specific
supplements, based on DNV GL's deep expertise in the oil and gas, and
power & renewables industries, accompany the main outlook.

Download of the report: https://eto.dnvgl.com/2017/maritime

Media contact DNV GL:
Nikos Späth, Head of Media and Public Relations DNV GL Maritime
Communications Tel.: +49 (0)40 36149-4856 Email:
nikos.spaeth@dnvgl.com

Original-Content von: DNV GL, übermittelt durch news aktuell