Shipowners need to take steps this decade to close the gap to green fuels that will emerge more prominently in the 2030s, analyst Martin Stopford says.

In a presentation to Capital Link’s Shipping & Marine Services Forum in London, Stopford said he is more concerned about the next decade than this one.

He said agencies are forecasting that global GDP is going to double by 2050 and the world population will increase by 25%, so not only will shipping need to deal with decarbonisation but also more and different trades.