Jason Stefanatos, the director of Global Decarbonization at DNV Maritime, emphasized in a related podcast that alternative fuels such as LNG, methanol, ammonia, and even wind propulsion remain integral to the energy transition, with no clear winner emerging yet. He highlighted that the postponement of the International Maritime Organization's (IMO) Net-Zero framework decision has impacted shipowners unevenly; companies with definitive commercial motives for decarbonization, particularly in containerships, have continued to invest, while others have opted to adopt a wait-and-see approach due to regulatory uncertainty.

Stefanatos pointed out that the trajectory of orders in 2026 will heavily depend on the decisions made by the IMO, particularly during the upcoming MEPC 84 session in April. This highlights the significance of international regulation and its influence on the shipping industry's adoption of alternative fuels. The uncertainty around regulatory frameworks is a crucial factor affecting the investment decisions of shipping companies, which are essential for meeting global climate goals.

As the industry navigates these challenges, the conversation around alternative fuels is expected to gain momentum, with stakeholders keenly awaiting the outcome of the IMO discussions. The decisions made in 2026 will not only shape the future of maritime fuel choices but also impact the broader narrative of how the shipping industry contributes to global sustainability efforts and emissions reductions in line with climate commitments.