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The magazine Marinair Cargo Services is published every 3 months and is dedicated to international transport services. It refers exclusively to the field of transport for import and export requirements by Land, Sea, Air, Rail or Combined freight Worldwide, best practices and news, interviews with personalities in the field as well as presentation of important events related to transport.
A reduction in the demand for oil in transport fuel by 2050 has been announced!
At the moment in everybody’s mind there is one question; is it time for oil to no longer be the basic fuel source that powers every sector and if so, what is its replacement and how efficient will it be both environmentally and economically? According to the forecast by the Norwegian DNV oil demand in transport sector will decline by 2050.
As we know, the transport carbon emissions footprint is a huge problem that concerns the sector on a global scale and is forecasted to be increased by 2050 from 25% to 30% and electricity is added to the equation. This is mainly due to the rise of electricity as a fuel form in the form of mainly battery electric vessels (BEVs) which brings many economic benefits as its production is cheaper than any other coal-based fuel, but there is also an interest in hydrogen-oriented fuels that seems encouraging, yet even if electricity is used as fuel in a large part of the transport industry, it can’t be used effectively due to compatibility issues in shipping and long-haul air transport.
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