Lloyd’s Register (LR) has acquired GreenSteam, a marine data intelligence company specialising in improving vessel efficiency through machine learning. The acquisition will be integrated and managed by i4 Insight, a subsidiary of Lloyd’s Register. i4 Insight, part of LR’s Maritime Performance Services business, is a digital platform that allows shipowners, operators and charterers to easily access insights on vessel performance and fuel consumption...
Leaders from across the global supply chain are calling for immediate action on maritime decarbonisation if a successful energy transition to zero-carbon supply chains is to be achieved. Drawing views from leaders across the supply chain, a report from maritime professional services organisation Lloyd’s Register, titled “How To Make Shipping’s ‘Decade of Action’ a Reality”...
POSCO, Hyundai Mipo Dockyard, Korea Shipbuilding & Offshore Engineering, Lloyd’s Register and the Liberian International Ship & Corporate Registry have agreed to jointly develop Liquid Carbon Dioxide (LCO2) Carriers. Through this MOU, POSCO will develop new steel material and relevant technology for storage tank, which are core technologies for the large size of LCO2 carrier,...
Common Structural Rules Software, a joint venture company formed by Lloyd’s Register and ABS, has updated its software products in line with the latest International Association of Classification Societies (IACS) rule changes on bulk carrier and oil tankers. The update will help users with the development of new designs to meet the latest rules as...
TR Lady Shipping, a portfolio company of Tufton Investment Management, has inked a commercial agreement with Anemoi Marine Technologies to supply and fit the bulk carrier TR Lady with three large Rotor Sails. The agreement also includes the installation of Anemoi’s patented Rail Deployment System, which allows the Rotor Sails to be moved across the...
i4 Insight, creators of a platform that provides a single point of access for multiple data streams and applications, has formed an alliance with BunkerEx to incorporate optimised bunker planning data into the i4 Insight platform. The addition of BunkerEx to the i4 Insight platform will further help shipowners and operators realise greater voyage and...
Several flag states and classification societies have united to launch the Maritime Technologies Forum (MTF) to provide technical and regulatory research, expertise and leadership to assist the shipping sector and its regulators address technology challenges. Founding members of the MTF include American Bureau of Shipping (ABS), DNV, Japan’s Maritime Bureau, Ministry of Land, Infrastructure, Transport...
The Lloyd’s Register Maritime Decarbonisation Hub (LR) and the Mærsk Mc-Kinney Møller Centre for Zero Carbon Shipping have joined forces in a new project to develop guidance around the safe use of ammonia as a fuel to support the shipping industry’s drive towards a decarbonised future. Industry partners involved in the project include A.P. Moller-Maersk, MAN Energy Solutions, Mitsubishi Heavy Industries, NYK Line and Total. Ammonia as a fuel...
Belgium-based shipping company Exmar has been awarded an Approval in Principle by Lloyd’s Register (LR) for its ammonia (NH3) fuelled 40,000 m3 Midsize Gas Carrier (MGC). This marks a significant milestone for the progression of alternative fuels in shipping. The Novel Technology Evaluation included an overall examination of fundamental aspects of the design and compliance...
The Maritime and Port Authority of Singapore (MPA) and Yara International (Yara) have joined an ammonia-fuelled tanker Joint Development Project (JDP). The duo join MISC Berhad (MISC), Lloyd’s Register (LR), Samsung Heavy Industries (SHI) and MAN Energy Solutions (MAN), in the coalition known as The Castor Initiative. Yara will work alongside MISC, LR, SHI and...
The Flow-Mar project, co-funded by the Clean Maritime Call, a MarRI-UK initiative supported by the Department for Transport, has completed its research to assess the feasibility of using innovative flow batteries in maritime applications to enable zero-emission marine propulsion and auxiliary power. The project has produced a concept design of the most suitable vessel type...
Wärtsilä has joined an EU-funded project, led by the University of Vaasa in Finland, that is looking at ways to reduce the environmental impact of shipping. Project CHEK – deCarbonising sHipping by Enabling Key technology symbiosis on real vessel concept designs, has been granted funding of EUR 10 million by the EU as part of...