Lloyd’s Register (LR) has issued an replace to its Retrofit Analysis Programme, with the most recent report specializing in the developments in Engine Retrofitting for different fuels.
Whereas the maritime business has seen constructive developments, akin to elevated methanol gasoline conversions and shipyard retrofitting capabilities since 2023, the adoption of different fuels faces a big hurdle.
Regulatory pressures, such because the EU’s FuelEU Maritime and Emissions Buying and selling System (ETS), are in place, but the shortage of strong incentives for gasoline producers is slowing down the demand and total transition. This disparity is creating a spot between regulatory push and market pull.
The most recent report leverages our in-depth knowledge collected over the previous yr, highlighting the developments, rising developments, and present standing of this quickly evolving know-how, which the delivery business is actively exploring to decarbonise the prevailing fleet.
Use this hyperlink to obtain the Report and for extra info.
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