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146 Third IMO GHG Study 2014<br />

Among the different cargo categories, demand for transport of unitized cargoes is projected to increase most<br />

rapidly in all scenarios.<br />

The emissions projections show that improvements in efficiency are important in mitigating emissions growth,<br />

but even the most significant improvements modelled do not result in a downward trend. Compared to<br />

regulatory or market-driven improvements in efficiency, changes in the fuel mix have a limited impact on<br />

GHG emissions, assuming that fossil fuels remain dominant.<br />

The projections are sensitive to the assumption that the productivity of the fleet, which is currently low, will<br />

revert to its long-term average by taking more cargo on board. If productivity does remain at its current level,<br />

or if it increases by increasing the number of days at sea or ship speed, emissions are likely to increase to a<br />

higher level.

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