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DNV on net-zero shipping: Key findings from latest Maritime Forecast

DNV highlights infrastructure trends and transition models that can support wider adoption of low-GHG bunker fuels across the maritime sector based on its Maritime Forecast to 2050.

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In a recent Maritime Impact article, classification society DNV highlighted infrastructure trends and transition models that can support wider adoption of low-GHG bunker fuels across the maritime sector based on its latest Maritime Forecast to 2050

The maritime industry faces a pivotal moment as it adapts to regulation, including the new IMO Net-Zero Framework (pending adoption), aimed at reducing ship greenhouse gas emissions. DNV’s latest Maritime Forecast to 2050 offers practical insights and analysis to help stakeholders make informed decisions on ships, fuels, technologies and infrastructure for a net-zero future.

“For shipowners exploring low-GHG fuels and onboard carbon capture, knowing when and where they can refuel and offload captured CO₂ is crucial,” explains Eirik Ovrum, Maritime Principal Consultant at DNV and lead author of the paper. In this article, we highlight the latest developments and emphasize the importance of Chain of Custody models to verify the origin and sustainability of alternative fuels.

Net-Zero Framework sets new course for shipping

Shipping’s energy transition is being shaped by IMO’s revised 2023 GHG Strategy: a 20 per cent emissions reduction from shipping by 2030, a 70 per cent reduction (at least) by 2040, and full-scale decarbonization “by or around” 2050 – all compared with 2008 levels.

The Net-Zero Framework (NZF) aims to accelerate the adoption of low-GHG fuels and technologies. Maritime Forecast to 2050 describes the NZF and compares its consequences with those of relevant EU regulations.

t1 ind 613 ghg regulatory timeline towards 2030

A forthcoming DNV white paper will examine the NZF in depth following the October 2025 IMO meeting, where its adoption is expected to be voted on.

The NZF is based on a GHG fuel intensity (GFI) metric expressed in amount of carbon dioxide (CO2), or its equivalent, per unit of energy used on board in a calendar year on a well-to-wake basis.

Starting in 2028, progressively stricter GFI targets are anticipated to be introduced annually. If adopted, the NZF will affect technology choices and the operation of ships as well as the development of shoreside infrastructure and the availability of low-GHG fuels and CO2 storage.

Tracking the fuel and technology transition

Drawing on data from DNV’s Alternative Fuels Insight platform and S&P Global, Maritime Forecast to 2050 reveals a clear shift: LNG and methanol are gaining traction, while ammonia, hydrogen and on-board carbon capture are entering early trials.

Note: The full Maritime Impact article by DNV can be found here

Related: DNV: Fleet readiness surges ahead of alt bunker fuel supply – green transition at tipping point

 

Photo credit: DNV
Published: 16 October, 2025

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LNG Bunkering

PIL’s LNG dual-fuel boxship “Kota Elok” arrives in Singapore on maiden call

As the first of 13 new 13,000 TEU vessels joining its fleet, Kota Elok is equipped to operate on LNG and low-sulphur fuel oil that helps reduce our greenhouse gas emissions.

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PIL's LNG dual-fuel boxship “Kota Elok” arrives in Singapore on maiden call

Singapore-based Pacific International Lines Pte Ltd on Monday (20 July) said its first 13,000 TEU LNG dual-fuel container vessel, Kota Elok, recently made her maiden call to Singapore on 15 July.

As the first of 13 new 13,000 TEU vessels joining its fleet, Kota Elok is equipped to operate on liquefied natural gas (LNG) and low-sulphur fuel oil that helps reduce our greenhouse gas emissions. 

The vessel also incorporated energy-saving features and digital technologies to reduce fuel consumption and enhance operational performance, as well as a bow windshield to improve aerodynamics, contributing to improved fuel efficiency and lower emissions over the course of long-haul voyages.

“Following Singapore, Kota Elok will continue her voyage on our East Coast Service 1 (ES1) route to South America, calling at ports in Brazil, Uruguay, and Argentina before returning to Asia,” the company said in a social media post. 

Kota Elok also became PIL’s first vessel to receive Lloyd’s Register certification for compliance with the IACS UR E26 and UR E27 cyber security requirements.

Developed by the International Association of Classification Societies (IACS), UR E26 and UR E27 are mandatory cyber resilience requirements for newbuild vessels contracted from 1 July 2024. 

 

Photo credit: Pacific International Lines
Published: 21 July, 2026

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LNG Bunkering

CIMC SOE secures order for 12,000-cbm LNG bunkering vessel from Sinopec Clean Energy

Once operational, the vessel is expected to strengthen Sinopec’s domestic coastal LNG bunkering network and help address gaps in China’s alternative fuel bunkering infrastructure.

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CIMC SOE secures order for 12,000-cbm LNG bunkering vessel from Sinopec Clean Energy

China’s Nantong CIMC Sinopacific Offshore & Engineering Co., Ltd. (CIMC SOE) recently signed a contract with Sinopec (Beijing) Clean Energy Co., Ltd. to build a 12,000-cubic metre (m3) LNG bunkering vessel, according to Chinese maritime media.

The vessel is scheduled for delivery in 2028 and will support Sinopec’s efforts to expand its presence in the marine clean energy sector.

Once operational, the vessel is expected to strengthen Sinopec’s domestic coastal LNG bunkering network and help address gaps in China’s LNG bunkering infrastructure.

With this signing , CIMC Pacific Offshore Engineering’s LNG bunkering vessel orderbook is further strengthened, maintaining its leading position in the global market for small and medium-sized LNG bunkering vessels.

The contract also marked another milestone for CIMC SOE, which has seen a sharp increase in orders and business performance this year amid a surge in domestic LNG vessel demand.

 

Photo credit: Nantong CIMC Sinopacific Offshore & Engineering
Published: 21 July, 2026

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Nuclear

ABS awards AiP to Korean institute for SMR-powered container ship concept design

KRISO says AiP recognises the technical feasibility and safety of its concept design, marking an important milestone toward the development of next-generation nuclear-powered commercial ships.

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ABS awards AiP to Korean institute for SMR-powered container ship concept design

Korea Research Institute of Ships & Ocean Engineering (KRISO) on Thursday (16 July) received Approval in Principle (AiP) from the American Bureau of Shipping (ABS) for its concept design of a 15,000 TEU Small Modular Reactor (SMR)-powered container ship utilising Molten Salt Reactor (MSR) technology.

KRISO said the AiP recognises the technical feasibility and safety of its concept design, marking an important milestone toward the development of next-generation nuclear-powered commercial ships.

“This achievement demonstrates international recognition of KRISO’s technological capabilities in the rapidly evolving field of nuclear-powered shipping, supporting the transition toward low-carbon maritime transport,” it said. 

Building on this milestone, KRISO will continue advancing basic and detailed ship design, paving the way for future demonstration and commercialisation of SMR-powered vessels. 

Through continued R&D and international collaboration, KRISO remains committed to strengthening next-generation maritime technologies and contributing to the safe deployment of nuclear propulsion in the maritime industry.

 

Photo credit: Korea Research Institute of Ships & Ocean Engineering
Published: 21 July, 2026

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