Maritime Decarbonization - The Pathway, Chances, Developments and Obstacles

Abstract

Decarbonization is crucial to meeting the world's climate goals and a more sustainable future.

As the globe works to cut greenhouse gas emissions and lessen the effects of climate change, decarbonizing the maritime sector has become an urgent problem in recent years.

Fossil fuel combustion is the leading cause of greenhouse gas emissions, which have a role in climate change and global warming. It entails moving away from energy based on fossil fuels and toward greener, lower-carbon options, including renewable energy, energy-saving devices, and sustainable mobility. The necessity of coordination and cooperation between various stakeholders is one of the significant obstacles to decarbonizing the maritime sector.

Governments, shipping firms, and other stakeholders must collaborate to develop and put into practice sustainable solutions because shipping is a global sector. In this research, the author examines the difficulties and possibilities of decarbonizing the shipping sector and the development achieved in this direction. This study investigates the decarbonization prospects available to shipping businesses, the regulatory framework, and alternatives to fossil fuels through a thorough assessment of the literature and data analysis. This article thoroughly analyses the difficulties and potential of decarbonizing the shipping sector, emphasizing fossil fuel alternatives, the regulatory environment, and the options open to shipping businesses for decarbonization. Additionally, it emphasizes the significance of stakeholder cooperation and the contribution of digital technology to the enhancement of shipping operations and the lowering of emissions.