News / Carbon-free fuels will push up the price of transporting freight, says DNV

Sheila Fitzgerald Dreamstime.com.

In a sign of the uncertainty posed by the fuel landscape and the costs, ship classification society DNV’s latest maritime forecast features 24 different scenarios for ship bunkers, entailing anything up to $28bn in annual investment between now and 2050.

Carbon-free fuels will push up the price of transporting freight, costs that will be passed on to the carriers’ customers.

“The largest investments come in scenarios with high uptake of ammonia or methanol,” said DNV maritime forecast consultant Eirik Ovrum, who added ...