MARKET REPORT

A new report released by the Zero Emission Maritime Buyers Alliance (ZEMBA) and Lloyd’s Register Maritime Decarbonisation Hub found that e-fuel-powered shipping services are projected to be available for ZEMBA’s next tender.

Strong confidence in the offshore vessel market has seen orders placed in the previous market upcycle re-activated to take advantage of renewed investor interest.

A new White Paper prepared for the Methanol Institute by Dr Jeroen Dierickx, an energy and fuel expert at iDefossilise, concludes that the FuelEU Maritime Regulation and EU Emissions Trading System (ETS) will create a level playing field for bio- and e-methanol, making them economically competitive compared to fossil marine fuels.

The establishment of and international collaboration on Regulatory sandboxes - controlled environments where new technologies can be tested under real-world conditions - bringing in governments, regulatory bodies, industry stakeholders, and maritime operators will be key to unlocking the full potential of Maritime Autonomous Surface Ships (MASS), reveals a collaborative report written by Lloyd's Register (LR) and Mitsui O.S.K. Lines (MOL).

The number of alarms onboard ships must be rationalised to ensure they support officers’ and watchkeepers’ operational decision-making capabilities and are not a distraction or irritation, finds new research conducted by Lloyd’s Register (LR).

New research estimates that the maritime artificial intelligence (AI) market is now valued at USD $4.13 billion, with a projected five-year compound annual growth rate of 23%.

Drop-in replacements for fossil fuels may be a cost-effective way of meeting environmental regulations and could extend the life of older vessels, if barriers to adoption can be overcome, according to a new LR report.

Cash-rich dry bulk shipowners returning from their summer vacations have enjoyed markets characterised by remarkable stability, with spot rates trading in atypically narrow ranges.