Maritime emissions set to skyrocket by 44% by 2050 without decisive action – Arthur D. Little Viewpoint

Maritime emissions set to skyrocket by 44% by 2050 without decisive action – Arthur D. Little Viewpoint

- The urgent need to reduce emissions necessitates a significant increase in efficiency and the adoption of lower-carbon fuels.

- Stricter regulations and the introduction of mandatory requirements for the use of renewable fuels are driving the shift towards a net-zero shipping industry.

Dubai, UAE: Three of the top five issues impacting the port and maritime industry are related to environmental risks, a position that has remained unchanged over the past five years, as highlighted by Arthur D. Little (ADL), the world’s first management consulting firm. Its new viewpoint, titled "Creating A Greener Future for the Blue Economy," emphasises the urgent need for decarbonization and circular use of resources in the shipping industry and the necessity to act against pollution from both plastics and chemicals and threats to biodiversity within coastal areas.

According to global forecasts, greenhouse gas (GHG) emissions from the world's maritime fleet increased by 23% from 2012 to 2022, and a further 4.7% between 2020 and 2021. If countermeasures are not put in place, these emissions are projected to rise by an alarming 44% by 2050. The pressing need to reduce emissions requires a significant increase in efficiency and circular use of resources and the adoption of lower-carbon fuels. Nowadays,