The maritime industry is continually facing more stringent decarbonization
regulations and expectations, with potentially significant cost implications – and
owners need to prepare for the introduction of these future regulations. However,
at the same time, there is considerable uncertainty about future alternative fuel
prices and availability as well as the technological readiness of alternative fuels.
Developing a clear strategy is therefore key to remaining operational and efficient.

With the Fuel Selector from DNV, shipowners and fleet managers are aided in
navigating regulations while maintaining operational efficiency and long-term
profitability.

You have the insights you need to take informed decisions and avoid suboptimal
investments in newbuilds, retrofits and alternative fuel technologies.

Economical assessment of fuel strategies

The Fuel Selector utilizes a cutting-edge digital model to address the challenges
posed by decarbonization. It compares the economic potential of different fuel
and technology strategies, reflecting energy efficiency measures, greenhouse gas
(GHG) emission regulations and ambitions, and a range of different fuel and
carbon emission price scenarios.

It enables you to simulate various fuel strategies for a single ship or an entire fleet, along with the associated impact of regulations such as IMO CII, EU-ETS and
FuelEU Maritime. To do so, it considers the merits of alternative fuel installations on a new building versus a subsequent retrofit, and includes options to explore
various fuel types and the associated fuel technologies as well as carbon capture
and storage (CCS) and the impact of other GHG emissions (CH4 and N2O).

Technical assessment of fuel strategies

In addition to the economical assessment, we can perform a technical evaluation
of the impact of the selected fuel strategies on the ship design, as well as an in-
depth technical engineering review of the integration of the on-board fuel system
for the selected fuel strategy.

Input on the technical specification

As an option, we can assist you in developing the alternative fuel selection of
the technical specification for the selected fuel strategy.

The choices you make in the coming years will affect your economic performance
and ability to meet decarbonization targets. Both ships and fleets must be
prepared for the future – optimized particularly for future regulatory requirements
when emissions will come with an increased cost.

Get the techno-economical assessment you need from DNV to take informed
decisions on the most feasible alternative fuel strategy:

• Obtain a clear overview on the interactive dashboard containing a wide range of different, comparable results
• Gain information about the economic performance per fuel and technology strategy over the vessel’s lifetime (e.g. CAPEX, OPEX, FUELEX)
• Explore various FuelEU Maritime compliance strategies, including pooling
• Technical expert support providing the insights you need