Opec sees fossil-fuelled future for shipping
Shipping at technology crossroads to decarbonise but alternative technologies ‘won’t have material impact’ on marine bunker demand over next 25 years, Opec says
Marine fuel oil demand is estimated to grow by 400,000 bpd over the next five years despite decarbonisation measures, according to Opec's annual World Oil Outlook, which sees `disadvantages’ for alternatives such as hydrogen, methanol or ammonia