The maritime industry faces a pivotal challenge – decarbonising the global fleet for a greener, more sustainable future. For the prepared, the costs to retrofit now can be an opportunity to realise savings tomorrow.

Shipping remains under continuous pressure to meet greenhouse gas (GHG) reduction targets, decarbonise fleets, and operate more efficiently. Meeting these challenges means considering a raft of potential fleet and fuel options. Without improvements, many vessels will not comply with new regulations like FuelEU, while decarbonisation pathways can be uncertain and expensive. The industry faces a complex choice between retrofitting, buying new vessels, and the challenge of securing green fuel supplies

 

Why LR?

LR has led two maritime transitions - from sail to steam and steam to diesel – for more than 260 years, with expertise and foresight to meet challenge after challenge. This is why LR is ideally placed to tackle energy transition, guiding the industry to resolve sustainable business ambitions. Action towards a net zero world continues to build. We help clients act now, giving them confidence that their decisions will help their businesses succeed throughout their decarbonisation journey. 

Wherever you are on your retrofit journey, LR helps you make effective decisions with expert advice to ensure the results of your infrastructure projects are compliant and make a positive difference to efficient operations. Whether installing more efficient propellers, wind-assisted ship propulsion (WAPS), hull enhancements to improve efficiency, carbon capture technology to collect and sequester emissions, or new ship engines designed to use low-carbon fuels.