Alternative fuels in the marine industry encompass a range of options designed to replace or supplement conventional fossil fuels, aiming to reduce greenhouse gas emissions and minimize the sector’s environmental footprint. These fuels can be derived from various sources, including renewable energy, biomass, and even captured carbon.
Alternative fuels for marine vessels reduce emissions of greenhouse gases and pollutants, advancing climate action by mitigating the environmental impact of shipping. This innovation lowers carbon footprints and fosters sustainable maritime transportation, contributing to global efforts in combating climate change and preserving marine ecosystems.
Biofuels are currently the most commercially viable alternative fuel for the marine industry, with several companies offering drop-in biofuels that can be used in existing ships. LNG is also gaining traction, with an increasing number of ships being built or retrofitted to use LNG as fuel. However, the adoption of hydrogen and ammonia as marine fuels is still in its early stages, with pilot projects and demonstrations underway.