[DNV: the shipping industry is expected to need 250 million tons of oil equivalent sustainable biofuel per year by 2050] the FAP reporter learned today from the Norwegian Classification Society (DNV) that the current global sustainable biofuel production capacity is about 11 million tons of oil equivalent (TOE) per year, and it is estimated that by 2050, sustainable and economically viable biofuel supply will reach 500 to 1.3 billion tons of oil equivalent per year. However, the use of biofuels combined with energy efficiency measures to achieve complete decarbonization of the shipping industry is expected to require a sustainable biofuel supply of 250 million tons of oil equivalent per year by 2050. This will account for 20 per cent of global potential capacity and 50 per cent of potential capacity. (Hu Haoqiong, reporter of the Financial Associated Press)