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 DMello Published: January 09, 2026 Contact author Download article pdf 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.   Read full Risk Alert now 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: loss.prevention@simsl.com Resources RA124 - Navigating the Risks Behind Alternative Fuels Download View page LNG - Design, Operational, Commercial, Regulatory and Safety Considerations Download View page Methanol - Design, Operational, Commercial, Regulatory and Safety Considerations Download View page Ammonia - Design, Operational, Commercial, Regulatory and Safety Considerations Download View page