RINA outlook flags rising uncertainty over maritime decarbonization
E•A maritime outlook presented by RINA, Eni and Fincantieri projects European shipping emissions intensity falling 80% by 2050 in its base case, compared with around 40% globally. A slower scenario delays Europe’s targets until 2070.
1. Decarbonization scenarios
The second Sustainable Maritime Transport Outlook projects European maritime emissions intensity falling 80% by 2050 from 2020 levels in its base case, compared with around 40% globally. In a slower scenario, Europe’s decarbonization targets are delayed until 2070, with the rest of the world following several years later.
2. Industry uncertainty
The outlook says the global IMO agreement has been postponed, while countries representing almost 90% of tonnage support a more gradual transition. It also says shipowners increasingly favor mature fuels and technologies as regulatory uncertainty grows, while supply chains for costly green-hydrogen-derived fuels remain underdeveloped.
