In response to the International Maritime Organization’s (IMO) new targets for reducing emissions from vessels, shipowners are looking to alternative fuels to power their fleets. From ammonia, to hydrogen, to methanol, vessel owners have many different options for low- and zero-carbon fuels. However, each alternative fuel presents its own unique risks and challenges for shipowners to understand, mitigate and overcome.

The marine and offshore industry is experiencing a watershed moment, as 2020 is ushering in the era of maritime digitalization. Technology is sweeping through the maritime world at an unprecedented rate, bringing increases in remote work, predictive maintenance, and unmanned platforms. These changes are giving ship owners, offshore operators, technical experts, digital solutions providers and classification societies opportunities to improve safety, efficiency and cost-effectiveness.

Organizations around the world are navigating massive shifts due to COVID-19. The pandemic remains an enormous challenge in terms of humanitarian and health implications that continue to evolve each day. Meanwhile, businesses are grappling with the financial and operational fallout as they fight to keep their heads above water.

Decommissioning is a reality in the oil and gas industry, which presents its share of challenges. Digital twinning is emerging as a one-stop solution that could save up to 15% on total decommissioning costs.