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What’s new in the Marine Industry

Posted on October 02, 2023

Adoption of renewable energy sources: The marine industry has started to explore and implement alternative sources of energy, such as wind, solar, and wave power, to reduce emissions and meet sustainability goals.

Development of autonomous vessels: Several companies are investing in the development of autonomous ships, which could potentially reduce human error and operating costs.

Increase in digitalization: The use of digital technologies, such as artificial intelligence and the internet of things, is increasing in the marine industry to improve efficiency and safety.

Advances in shipbuilding technology: New materials and manufacturing techniques are being used to create more environmentally friendly vessels with improved performance.

Growth of offshore wind industry: The offshore wind industry is expanding rapidly, creating new opportunities for the marine industry in areas such as installation, maintenance, and logistics.

Focus on sustainability: There is an increasing focus on sustainability in the marine industry, with efforts to reduce emissions, protect marine life, and promote sustainable practices throughout the supply chain.

New Regulations: The International Maritime Organization (IMO) has set new regulations to reduce greenhouse gas emissions from the shipping industry. The regulations aim to reduce carbon intensity of ships by at least 40% by 2030, compared to 2008 levels.

Renewable Power: The offshore wind industry continues to grow, with several large-scale offshore wind projects planned or under construction around the world, including in the United States, Europe, and Asia.

Alternative Fuel: The maritime industry is exploring the use of hydrogen as a potential alternative fuel to reduce emissions. Several companies are investing in the development of hydrogen fuel cells for use in ships.

Autonomous Vessels: The use of autonomous vessels is increasing, with several companies testing or operating unmanned ships for various purposes, such as oceanographic research, surveillance, and cargo transport.Sustainable Practices: The marine industry is also focused on developing sustainable practices, such as reducing plastic waste and protecting marine biodiversity. For example, some companies are using biodegradable and compostable materials for packaging and developing new technologies to prevent marine pollution.

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