"it is not hard to see the bunker market at peak or close to peak demand – most certainly from a traditional fossil fuel point of view," says 2050 Marine Energy's Adrian Tolson.
The global maritime industry is intensifying efforts to curb its carbon footprint, but the journey has just begun. Preparations, thus far, have borne some fruit, but challenges lurk, making the energy transition a daunting task. Shipping accounts for about 2.9% of global greenhouse gas emissions, according to the International Maritime Organization. Without mitigation, emissions could .