In 2017, the SSI commissioned Lloyd’s Register and University Maritime Advisory Services (UMAS) to undertake a study examining the viability of zero emission vessels entering the trans-oceanic fleets from 2030, and the key drivers that would be required in order to achieve this outcome. The study shows that advanced biofuels may represent the most economically feasible zero-emission alternative for the shipping industry but face two key issues: sustainability and availability.

The findings of the 2018 study by Lloyd’s Register and UMAS led to the development of a decarbonisation working group with the goal of conducting further work around the sustainability and availability of biofuels.

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