Alternative marine fuel supply and demand are misaligned, report finds
In the United Kingdom on May 26, Lloyd’s Register’s Maritime Decarbonisation Hub published a report finding that the top 19 bunkering ports control roughly half of global marine fuel demand but that credible alternative fuel production is emerging largely outside those hubs, meaning early trade will depend on linking export gateways to demand centers through deliberate infrastructure investment rather than organic market development.
The report finds co-location with industrial port clusters is already the dominant project development strategy, and that the next wave of early-adopter ports need not be today’s biggest bunkering hubs. Africa and South America are flagged as likely export-first suppliers, while Singapore, Japan and Korea face the sharpest import dependence.
Category: Sustainable Marine Fuels
