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Bunkerspot Survey 2022

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9 Feb 2022  

Publishing information


Volume no:

Issue no: 1

Published: 9 Feb 2022

Answering the call

The 2022 Bunkerspot Survey highlights the challenges and progress in the bunkering and maritime industries, focusing on key topics like decarbonisation, alternative fuels, and regulatory developments. Key points include:
  1. COVID-19 and Climate Challenges: The pandemic and climate change remained dominant themes, with industry recovery being uneven and urgent action needed to combat global warming.
  2. Decarbonisation: COP26 and MEPC 77 were significant but viewed as having limited tangible outcomes. Momentum is building for net-zero emissions by 2050, with initiatives like the Clydebank Declaration and Global Methane Pledge.
  3. Alternative Fuels: Methanol and ammonia gained attention as viable future fuels, with increased investments in engine development and green production capabilities. LNG remained a transitional option but faced criticism for methane emissions.
  4. Regulatory and Market Pressures: Regional regulations, particularly from the EU’s "Fit for 55" package, are driving decarbonisation efforts ahead of IMO measures. Market-based mechanisms like carbon levies are increasingly discussed.
  5. Sustainability and Innovation: The industry is focusing on innovative technologies like wind propulsion and exploring bio-LNG to improve emission profiles.
The survey emphasises the need for urgent global cooperation, regulatory clarity, and investment in sustainable technologies to navigate these challenges effectively.

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