Fuel demand expectations in the shipping industry 2022, by fuel type
According to 60 percent of respondents from the shipbuilding industry, 46 percent of surveyed suppliers, and 35 percent of surveyed shipowners, liquified natural gas (LNG) will be the fuel type in greatest demand. In 2020, the International Maritime Organization (IMO) put a cap on the sulfur content of marine fuels, prompting the shipping industry to switch to cleaner fuels and equip their vessels with sulfur abatement systems. Only 19 percent of suppliers believed that marine diesel oil, another low-sulfur fuel, would be the most in-demand type.
