Lloyd's Register is a leading international provider of classification, compliance and advisory services to marine and offshore industries.
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Fuel for Thought: FuelEU - A detailed look at what implementation means for you
Following entry into force of the FuelEU Maritime regulation on 1 January 2025, our latest podcast delves into its practical implications and what implementation means for you. In this episode, Lucy Dibdin, LR External Communications Director, is joined by Ryan Bax, LR Business Advisory Lead Consultant and Jennifer Riley-James, LR Lead Regulatory Specialist. Our experts provide insight and clarification on grey areas relating to the FuelEU regulation – which is designed to support the decarbonisation of the shipping industry by reducing the greenhouse gas intensity of fuels used by ships operating in the EU. Key topics discussed include: flexibility compliance mechanisms (banking, borrowing and pooling), penalties for non-compliance, fuel sustainability reporting, wind power integration, fuel blending, and direct emissions monitoring.
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19 Jun 2024
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 uptake
What milestones place methanol close to conversion scalability while ammonia lags
How customising kits to various engines and fuels aids flexibility but risks complexity
Why enhancing shipyard skills and capacity emerges as a barrier for rapid transitions
How charter premiums, carbon pricing and fuel costs shape investment appetites
What ‘ready’ labels and proposed rating schemes indicate about modification efforts
Why container and cruise vessels are seen as leading candidates for retrofits
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24 Nov 2023
Readying the workhorses of the sea: The path to zero-carbon bulk carriers
How can bulk owners and operators balance short-term commercial pressures and long-term climate imperatives? What investments, strategies and collaborations can best position fleets for deep decarbonisation? What role do class societies and other stakeholders play in enabling the transition?
This podcast will deliver meaningful insights on what it takes to ‘green’ bulk shipping while balancing commercial realities and climate imperatives.
The dry bulk shipping industry is at a crossroads. Bulk carrier owners and operators must pursue deep emissions cuts, while maintaining uninterrupted services.
New regulations like IMO’s 2050 net zero target and the Carbon Intensity Index will force change, yet adequate zero-carbon fuels and technology remain years from being market-ready. How can new regulations, alternative fuels, efficiency gains, and innovations like wind assisted propulsion enable the transition?
How can bulk owners and operators balance short-term commercial pressures and long-term climate imperatives? What investments, strategies and collaborations can best position fleets for deep decarbonisation? What role do class societies and other stakeholders play in enabling the transition?
This podcast will deliver meaningful insights on what it takes to ‘green’ bulk shipping while balancing commercial realities and climate imperatives.
Talking points:
How shipowners face a lottery in choosing future green fuels and technologies today
Metrics like IMO’s CII/AER and their unintended consequences
Achieving alignment between shippers and owners
Wind power: its potential as well as limitations in scaling across route networks
The near-term efficiency gains offered through waste heat recovery and digital optimisation
Alternative fuels, safety, ship redesign and regulation
Onboard carbon capture and managing captured CO2 waste streams
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7 Feb 2023
The perfect secondhand tanker in today's market
Join Lloyd's Register's Nikolaos Mikas and Riviera Maritime Media's Edwin Lampert in open discussion on these critical points as a panellist on a special Lloyd's Register / Riviera Maritime Media Expert Voices podcast.
Buoyant crude and product tanker markets, delivery dates of 2026 and 2027 for new tonnage and continued uncertainty on fuel choices at the newbuilding stage have propelled sales and purchase activity in the second hand tanker market and set asset values soaring.
This development brings key questions into sharp focus.
The looming tanker capacity crunch
Available tonnage on the second hand market
Factoring in CII and EEXI requirements
Matching the right secondhand tanker and the right trade
Understanding terminal restrictions and requirements
Options for extending service life of older tonnage
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16 Nov 2022
Green Corridors and investment risk to decarbonisation
What are the key investment risks? What do green corridors and the Silk Alliance do to address this?
Options are limited right now and with high risks. Most are unable to invest in long-term solutions.Collaborations with governments and ports are needed in green corridors to support the investments.Many aspects and challenges remain, but we need to gain exposure and education on them as a first step to solving them.
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11 Jul 2022
Closing the loop on shipping's circular economy
Shipping has focused on fuels as the one factor it can control in the push to decarbonise, but the creation of a truly sustainable industry will require a more holistic ‘lifecycle’ approach.
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22 Apr 2022
A ship to lead the way. Demonstrating change through collaboration.
This episode of the Aronnax Podcast featuring Lloyd’s Register brings together the shipowner, ship designer, and the two cargo owners to look at the story of With Orca.
We discuss what the Approval in Principle means for shipping, Norway and the confidence to change.
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23 Mar 2021
Defining sustainability criteria for marine fuels
In a podcast moderated by Lloyd’s List managing editor Richard Meade, the Sustainable Shipping Initiative (SSI) and Lloyd’s Register bring together industry experts to talk about why the sustainability of marine fuels needs to be taken into account alongside price, availability and technical feasibility considerations.
SSI recently published the white paper Defining sustainability criteria for zero and low carbon marine fuels (https://www.sustainableshipping.org/resources/sustainability-criteria-white-paper/) which sets out sustainability issues and principles surrounding marine fuels under consideration for shipping’s decarbonisation. SSI member representatives will talk about how sustainability criteria can contribute to the development of industry standards and certification schemes to assure and facilitate the selection of – and demand for – sustainable marine fuels.
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11 Feb 2021
The rise and future of LNG as a fuel in maritime
In this podcast, we discuss liquefied natural gas (LNG) as a fuel and how it has come to prominence in the past decade. We consider how it’s addressing the industry requirements as well as the risk and opportunities associated with its use. Our experts also cast an eye into the future, assessing LNG’s role in the fuel mix given an evolving regulatory landscape.
In this conversation hosted by Nicola Good, the head of Brand and External relations for Marine and Offshore at Lloyd’s Register, we are delighted to welcome Stavros Hatzigrigoris the Technical Director of Zodiac Maritime and Panos Mitrou, Lloyd’s Register’s Global Gas Segment Manager.
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13 Dec 2020
How has seafarer wellbeing been affected by the COVID-19 pandemic?
This time around, we talk about how seafarer wellbeing has been affected by the COVID-19 pandemic. Our discussion will be framed by the recent survey Lloyd’s Register (LR) undertook with the UK Chamber of Shipping and the Mission to Seafarers that assessed the impact of COVID-19 on the maritime workforce.
This online survey was targeted at employees across the global maritime industry and ran for three months between June and September 2020.
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6 Oct 2020
Remote capability – equivalence and beyond
This time around, we are talking about remote capability and how the COVID-19 crisis has transformed the maritime industry's appetite and acceptance of remote technologies. Across the board, classification societies have seen an increase in remote surveys, but our conversation will focus on developments; how equivalence must evolve to enhance the efficiency of remote capability. What technologies will we need to employ to drive further efficiencies in remote capability, and what will the next step-change look like?
Nicola Good, Global Head of Brand and External Relations for Lloyd's Register, hosts a conversation with Ralph Juhl, Senior Vice President, at Hafnia and James Forsdyke, Head of Product Management for Lloyd's Register.
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15 Jun 2020
Driving change in ship recycling: Stakeholder perspectives
In a question and answers session, moderated by Lloyd’s List, four sustainability experts share their insights on how data reporting and transparency are increasingly playing a role in driving change within ship recycling. Evaluating the impact of shifting ESG funding dynamics and the emergence of the circular economy. Norden’s Kristina Kunigenas, Standard Chartered’s Roger Charles along with with Lloyd’s Register’s Jennifer Riley-James and Andrew Stephen of the Sustainable Shipping Initiative also address the need for collaboration beyond shipping involving a wider cast of stakeholders.
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21 May 2020
The countdown to IMO 2020 - part 2
In partnership with Petrospot (https://eur03.safelinks.protection.outlook.com/?url=https%3A%2F%2Fwww.petrospot.com%2F&data=02%7C01%7CRichard.Bennett%40lr.org%7Cf385cbdc5d43476f966408d756f8161d%7C4a3454a08cf44a9cb1c06ce4d1495f82%7C0%7C0%7C637073495825020081&sdata=7%2FaGZ3yFEfhcUm%2BebJBHoY5gEz7%2BZTWKnEY4OzlAv48%3D&reserved=0), LR hosted a two part expert panel debate with industry leading specialists to focus on the issues facing the shipping industry in light of the IMO 2020 regulation.
Areas of discussion:
Availability of compliant fuels
The role of ports in the switchover
Fuel Oil Non-Availability Reports and the importance of proactive fuel management and training
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21 May 2020
The countdown to IMO 2020 - part 1
In partnership with Petrospot (https://eur03.safelinks.protection.outlook.com/?url=https%3A%2F%2Fwww.petrospot.com%2F&data=02%7C01%7CRichard.Bennett%40lr.org%7Cf385cbdc5d43476f966408d756f8161d%7C4a3454a08cf44a9cb1c06ce4d1495f82%7C0%7C0%7C637073495825020081&sdata=7%2FaGZ3yFEfhcUm%2BebJBHoY5gEz7%2BZTWKnEY4OzlAv48%3D&reserved=0), LR hosted a two part expert panel debate with industry leading specialists to focus on the issues facing the shipping industry in light of the IMO 2020 regulation.
Areas of discussion:
Availability of compliant fuels
The role of ports in the switchover
Fuel Oil Non-Availability Reports and the importance of proactive fuel management and training
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11 May 2020
Beyond IMO 2020
January’s implementation of the 0.5% global cap on marine fuels progressed relatively smoothly as most industry stakeholders had done their homework and were prepared for the transition. But the start of 2020 has not been straightforward.
The ferocity of the COVID-19 outbreak and the resulting widespread economic disruption, spreading from east to west, has interrupted supply chains and affected all the main shipping sectors. The months ahead will be testing as businesses grapple with the fallout and inevitable financial challenges.
Having passed the IMO2020 regulatory test, what are the key hurdles facing shipowners and other stakeholders reliant on the bunker supply chain? LR and Petrospot get expert views on what to expect in the months ahead.
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