Tor Svensen, COO DNV Maritime informed that by 2030 the shipping industry could cut emissions by 30 percent. This new study was revealed onboard the Viking Lady, the world’s first commercial ship with a fuel cell adapted to marine use installed onboard, while docked in Copenhagen. The study, which is a follow-up of the abatement curve launched by DNV during Norshipping in June depicting the reduction potential of the existing world fleet, looks at the reduction potential of both the existing fleet and newbuildings.
According to Svensen this a model that looks at the potential of a range of reduction measures, from more efficient voyage execution to speed reduction and the employment of fuel cells on board the ships. It is told that the results are quite encouraging; if the shipping industry starts acting now and applies the available cost-efficient technologies, emissions can be reduced considerably.
The results show that shipping, compared to a projected baseline (where no measures are applied) of 1,530 million tons of CO2, could cut emissions by 30 percent by 2030 at zero-cost. This equals a reduction in emissions of 500 million tons of CO2. The study suggests that where emission reduction and sound economic rationale pull in the same direction, widespread implementation of cost-effective measures will come over time. Enforcement through regulatory means could, however, be necessary where the economic pull is weaker.