Green Transition


As pressures build globally to find solutions to moderate climate change, the Green Transition

will cause fundamental change to shipping, trade, offshore and energy.

"We are committed to providing data and intelligence to help

frame the critical decisions that stakeholders across our

industry will need to make to facilitate the Green Transition."

- Steve Gordon,

Managing Director, Clarksons Research

Explore the broader Clarksons Group offering around the Green Transition

2.4%

shipping's share of

global CO2 emissions

Fuelling Transition

The shipping industry produces some 850m tonnes of CO2 per year, 2.4% of global emissions. Progress has been made in reducing emissions and shipping remains the most carbon efficient mode of transport, but further accelerated decarbonisation strategies are needed, with Fuel Transition central.

Through offerings such as our World Fleet Register, we help with understanding of new and complex environmental regulation, track the uptake of alternative fuels and energy saving technologies (ESTs) across the world fleet, assess the impact technology and regulation on vessel earnings & value and market supply/demand, and project transition scenarios that meet emission reduction targets.

Energy Transition

Some 40% of the fleet is involved in energy transportation. Our data, modelling and insights provide a framework for understanding how the Energy Transition may impact the maritime 'universe'.

At our Shipping to 2030 and Offshore to 2030 forums, we present this framework to our clients, discussing the timing of "peak" fossil fuel usage and how trade flows may be impacted.

4.5 bn tonnes

energy commodities traded by sea globally (2019)

x 25

potential increase in offshore renewable power generation by 2050

Offshore Transition

Today, offshore oil and gas fields produce 17% of the world's energy supply. While we continue track this important segment, our coverage also extends to providing data and intelligence around rapidly growing Offshore Renewables. Growing at 23% per year and providing electricity for an additional 5 million homes across Europe in 2019, the Offshore Transition is gathering pace.

Latest Research

Our Graph of the Week shows annual global energy production across two scenarios: "Gradual Transition" and "Rapid Decarbonisation", split out into energy supply sectors most relevant for our shipping 'universe'.

Part of a much broader body of work and a host of assumptions, it helps to provide a framework for understanding some of the important challenges (and opportunities) the shipping industry faces with its cargo base, changes in offshore activity and in reducing its own emissions footprint through fuel transition, technology and regulation.

Global Energy Production by Source

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