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  • Home /
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  • Asset and Risk Management

Asset and Risk Management

Reduce the risks associated with new technologies, new fuels or new operational realities

As the maritime sector transitions to net zero, each new technology brings with it novel risks and challenges. For example, next generation fuels like hydrogen, methanol and ammonia have a different risk profile to conventional fossil fuels, and this unfamiliarity presents a challenge.

Our services

Identify and assess hazards, to ensure risks are appropriately mitigated and managed, ensuring your safe operations

Explore our range of Asset and Risk Management services

  • Advisory services

    Asset management and life extension

    We enable you to maximise productivity and value, while reducing costs and managing risk of your asset

  • Advisory services

    Consequence Modelling

    We can help with detailed modelling to understand the toxicity, fire, or explosion risks with the accidental release of flammable or toxic fluids

  • Advisory services

    Hazard Identification

    We assess risks and hazards that could harm your people, assets or operations, reputation, or the environment

  • Advisory services

    Reliability and Availability

    Through our reliability and availability services, you can improve operational performance and reduce asset downtime

  • Advisory services

    Risk Based Certification Advisory Services

    Our Risk Based Certification service checks your designs for compliance and undertakes safety risk assessments to support final design assessments

  • Advisory services

    Safety Assessments and Analyses

    Understand the risks associated with systems, processes or operations and their safe management to comply with classification and regulations

  • Advisory services

    Quantitative Risk Assessment

    Our data-driven approaches to quantifying the risks of hazardous events ensure they are within tolerable limits for regulatory and classification requirements

Advisory

Our latest news and insight

Nuclear graphic

Press release29 Sep 2025

Exploring the use of advanced micro-nuclear reactors in powering ships with Deployable Energy

Read now

Press release16 Sep 2025

LR launches Biofuel Advisory service to help accelerate shipping’s decarbonisation

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Press release15 Sep 2025

H2C and Lloyd’s Register join forces to accelerate maritime fuel switching

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Press release12 Sep 2025

LR and NSML sign MoU to boost maritime skills and training in West Africa

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Fuel h1 2025 report

Press release18 Aug 2025

Global bunker fuel quality holds steady as biofuel blends gain momentum

Read now

Press release13 Aug 2025

LR expands its Advisory services to support the growing complexity of the ports sector

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Press release17 Jul 2025

LR and Anemoi publish new report to advance standardisation of wind propulsion performance methodology

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Horizons article

01 Jul 2025

FuelEU vs IMO's Net-Zero Framework

Read now

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Lloyd's Register, LR and any variants are trading names of Lloyd's Register Group Limited, its subsidiaries and affiliates. Lloyd's Register Group Services Limited (Reg. no. 6193893) is a limited company registered in England and Wales. Registered office: 71 Fenchurch Street, London, EC3M 4BS, UK. A member of the Lloyd's Register group. © 2025 Lloyd's Register Group Services Limited.
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