Ship retrofitting has impact. By understanding and managing your carbon footprint, LR helps you to de-risk your fleet. Make sound investment decisions to cut fuel usage and emissions and comply with tightening regulations.
LR Advisory offers impartial risk management advice by examining your choices in detail and exercising all due diligence to find you the most cost-effective ship retrofit. Finding the right ship retrofit now helps you extend its operational life and avoid the penalties associated with new regulation.
- Emissions and energy usage analysis
- Future-proof your fleet
- Maximise returns, minimise costs
- Whether to scrap, sell or commission
- Why LR
Understand your greenhouse gas emissions, how to reduce them to comply with incoming regulations, and how ship retrofits can help. LR’s emissions portfolio helps you better understand your emissions liabilities and manage your emissions risks.
CII Benchmarking: Performance Evaluation and Gap Assessment
Comply with tightening regulations through proactive planning and watertight asset management. The right ship retrofit will future-proof your ship or fleet from incoming regulations. Plan your ship retrofits to meet incoming regulations, like those set by the EU, IMO, or SBTi targets, using LR’s Life Cycle Assessment capabilities.
Emission Reduction Plan
Understand when the time is right for your ship retrofit. The right ship retrofit can reduce your fuel usage and help you to stay compliant with incoming regulations like FuelEU. LR’s clear analysis helps you to plan the optimum time to schedule your ship retrofit to avoid unnecessary costs and penalties, weighing factors like budget constraints, capital expenditure requirements, and dry dock availability.
Techno-economic Modelling Case Study: 82k DWT Bulk Carrier
To better understand the whole-life costs of your ship and whether scrapping and rebuilding could be more cost-effective than retrofitting ships. LR’s techno-economic modelling approach could show that scrapping and rebuilding could be the most cost-effective option.
Projected Total Costs [Fuel, Regulatory, CAPEX] w/o 5% EU Exposure
As your trusted strategic partner, LR has helped ship owners and managers like you for more than 260 years. We can help you understand your fleet’s emissions and how to reduce them to meet incoming regulations or cut fuel usage.
From engineering hull efficiency upgrades, integrating carbon capture technology, transitioning to low-carbon fuel engines, or installing advanced propeller and wind-assisted ship propulsion (WAPS) systems, LR brings your retrofit vision to life—delivering results that ensure compliance, efficiency, and long-term success.