Page 138 - ΝΑΥΤΙΚΑ ΧΡΟΝΙΚΑ - ΟΚΤΩΒΡΙΟΣ 2024

OPINIONS ON GREEN SHIPPING

In light of the upcoming environmental regulations, opment of the necessary supply chains
half of the participants believe that investing in depends on various factors, including tech-
machine learning (ML) and artificial intelligence nological progress, regulatory directives,
(AI) alongside green technologies and alternative geopolitical uncertainty, public support,
fuels is critical. What are some ways in which ML and investment.
and AI could fundamentally transform the way we Currently, alternative fuels such as meth-
perceive the energy efficiency of vessels? anol, ammonia, and hydrogen are in
Artificial intelligence and machine learn- pilot and early FID stages, with viability
ing have the potential to transform how expected from 2027 and beyond. Biodiesel
companies approach energy efficiency and bio-LNG are more established in terms
by making it more transparent, relatable, of testing and compatibility. By 2030, the
and actionable. These technologies offer scale-up of production and the formation
accessible data visualisation, personalised of early supply chains is likely to begin,
insights, and the ability to quantify envi- driven by stricter emissions regulations
ronmental impact. on a global level, growing investment, and
For example, AI can continuously monitor critically, demand certainty.
engine and fuel systems data, predict- As technology and infrastructure mature,
ing when maintenance is required. This commercial adoption of these fuels is likely
reduces energy losses from underperfor- to grow, with key ports enabling alternative
mance and minimises unexpected break- fuel bunkering by 2035. By 2040, alter-
downs. native fuels may achieve a critical mass,
Ultimately, AI and ML promote the mean- as global supply chains become more
ingful adoption of energy-efficient prac- established and a significant percentage
tices and long-term sustainability, enabling of vessels transition to these greener fuels.
businesses to not only optimise energy By 2050, alternative fuels could dominate
usage but also stay ahead of regulatory the shipping industry.
requirements, ensuring they can operate Despite these positive predictions, chal-
efficiently and sustainably. lenges remain. Large-scale investment,
consistent regulatory frameworks, tech-
The availability of alternative fuels is considered nological progress, and stable demand are
the most significant challenge in achieving the goal necessary to support the transition. Raw
of green shipping. What do you consider a realistic materials, such as bio-feedstocks, will fall
timetable for the widespread production of alter- far short of total maritime fuel demand,
native fuels and the development of the necessary making green hydrogen essential for fuel
supply chains? production.
The widespread production of alternative Geographical disparities will further com-
fuels for green shipping and the devel- plicate supply chain development and

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