Plugging in to ship engine retrofits

As the maritime industry strives to achieves ambition decarbonisation targets against the tightest of regulatory timelines can switching existing vessels to cleaner fuels buy time? With thousands of large ships potentially still running on fossil fuels by 2050, retrofitting engines for new fuels could be crucial for shipping’s net-zero trajectory. But how ready is the technology and industry to carry out conversions? In this podcast, Riviera Maritime Media's Executive Edwin Lampert, is joined by the lead authors of Lloyd's Register's new Engine Retrofit Report and other industry stakeholders to unpack the the demand for retrofitting, the uncertainties surrounding fuel availability and policy signals, and the potential role of retrofits in achieving net-zero shipping. Tune in to hear:Why engine swaps emerge as a key climate measure despite limited LNG retrofit uptakeWhat milestones place methanol close to conversion scalability while ammonia lagsHow customising kits to various engines and fuels aids flexibility but risks complexityWhy enhancing shipyard skills and capacity emerges as a barrier for rapid transitionsHow charter premiums, carbon pricing and fuel costs shape investment appetitesWhat ‘ready’ labels and proposed rating schemes indicate about modification effortsWhy container and cruise vessels are seen as leading candidates for retrofits Hosted on Acast. See acast.com/privacy for more information.