The number of active projects has risen sharply since the last edition – up from 106 to 203 – with Asian initiatives almost doubling in number, up from 31 to 60. The third report, which has a wider geographical focus, provides more detailed information about ship types, fuel focus, technologies under development, and parts of the value chain involved in projects.
Jesse Fahnestock, head of Research and Analysis at the Global Maritime Forum, commented: “Electricity-derived fuels, particularly hydrogen and ammonia, are increasingly taking a larger share of the industry’s focus, with 42 of the fuel production projects involving so-called ‘green hydrogen’ based on electrolysis.
“We hope that by continuing to develop a better understanding of the scale and diversity of zero-emission pilots and demonstration projects already under way, the mapping can build confidence in the transition to zero-emission shipping.”
The GTZ Coalition is a partnership between the Global Maritime Forum and the World Economic Forum.
Copyright © 2024. All rights reserved. Seatrade, a trading name of Informa Markets (UK) Limited.
Add Seatrade Maritime News to your Google News feed. |