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Navigating the Risks Behind Alternative Fuels

The IMO’s 2023 GHG Strategy pushes shipping toward net-zero by 2050 through alternative fuels, balancing emissions reductions against safety, operational and commercial challenges.

Risk alerts

Gilmark D'Mello

Gilmark DMello

Published: January 09, 2026

The race to net-zero is reshaping shipping—and the clock is ticking. The IMO’s 2023 GHG strategy sets bold targets: slash carbon intensity by 40% by 2030 and reach full decarbonisation by 2050. How will the industry get there? Alternative fuels — LNG, Methanol and Ammonia —each promising lower emissions but bringing new operational challenges.

From safety risks to endurance trade-offs, these fuels are rewriting the rules of ship design and crew competence. Are you ready for what’s coming? Click to explore the full Risk Alert and understand the implications for your fleet.

 

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Supportive Information

For further information on this or other Loss Prevention topics please contact the Loss Prevention Department, Steamship Insurance Management Services Ltd.
Tel: +44 20 7247 5490
Email: [email protected]

Resources

RA124 - Navigating the Risks Behind Alternative Fuels

LNG - Design, Operational, Commercial, Regulatory and Safety Considerations

Methanol - Design, Operational, Commercial, Regulatory and Safety Considerations

Ammonia - Design, Operational, Commercial, Regulatory and Safety Considerations

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