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Global Sustainability Trends in Maritime Sector

Emission Limits and Efficiency Requirements Driving the Sustainable Transition of the Maritime Industry

Frost & Sullivan
4950 USD https://store.frost.com/global-sustainability-trends-in-maritime-sector.html
RELEASE DATE
01-Jun-2020
REGION
Global
Research Code: D969-01-00-00-00
SKU: EN01191-GL-TR_24430
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  • Description
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Description

The global maritime sector is facing a critical challenge of responding to stringent regulations for emissions reduction, improving vessel efficiency, and protection of aquatic ecosystem. The International Maritime Organization (IMO) has been driving the adoption and implementation of sustainability strategies with targets for 2020, 2030 and 2050. Sulphur emissions reduction in 2020 and Ballast Water Management enforcement in 2018 are some of the recent sustainability requirements that were brought into force by IMO, driving the technology adoption by maritime stakeholders to meet such requirements. With stringent emission reduction and efficiency improvement targets in place till 2050, there will be increased need for developing technologies that will aid the maritime sector for achieving improved sustainability. Frost & Sullivan identifies emission control, fuel switching, digitization and waste management as the key growth opportunities enabling emissions reduction and improved efficiency in maritime sector.

Table of Contents

1.0 Executive Summary

1.1 Research Scope

1.2 Analysis Framework – Frost & Sullivan’s Core Value

1.3 Research Methodology

2.0 Need for Sustainability in Maritime Sector

2.1 Environmental Regulations and Policy Measures Drive Sustainable Developments

2.2 Key Growth Opportunity Areas Identified

3.0 Emissions Control

3.1 Characterization and Quantification of Emission Sources in Maritime Sector

3.2 Scrubbing and Selective Catalytic Reduction (SCR) are Paving Way for SOx and NOx Reduction

3.3 Strategic Efforts by Key Stakeholders to Reduce Emissions

3.4. Emissions Control – Innovation Ecosystem

3.4.1 Simultaneous Reduction of SOx and NOx using Nanotechnology

3.4.2 Hybrid Scrubbing Technology for SOx Reduction

3.4.3 SOx Scrubbers Made Using High Quality Nickel for Corrosion Resistance

3.4.4 Sodium-based Dry Scrubber to Clean Marine Exhaust Gas

3.4.5 Other Notable Innovators Providing SOx Scrubbers

4.0 Fuel Switching

4.1 Characterization of Current Fuel Mix Post Sulfur 2020

4.2 Hydrogen and Ammonia Offer Long-term Sustainable Fuel Alternatives

4.3 Electric Propulsion is Gaining Prominence for Efficient Operations and Reduced Emissions

4.4 Strategic Efforts by Key Stakeholders for Fuel Switching

4.5. Fuel Switching – Innovation Ecosystem

4.5.1 Lithium-ion Powered Fully Electric Boats

4.5.2 Complete Autonomous and Fully Electric Container Vessel

4.5.3 Marine Hydrogen Syngas Generator for Reduced Fuel Consumption

4.5.4 Wind-based Rotor Sail Solution for Improving Ship Fuel Efficiency

4.5.5 Onboard Solar Power for Ships

4.5.6 Other Notable Innovators Offering Marine Electric Solutions

5.0 Digitization

5.1 Emerging Digital Technologies are Vital to Realize Improved Vessel Efficiencies

5.2 Strategic Efforts by Key Stakeholders for Digitalization

5.3. Fuel Switching – Innovation Ecosystem

5.3.1 Real-time Container Monitoring Solution

5.3.2 Data Analytics Platform for Maritime Sector

5.3.3 Automated Fuel Saving Through Optimized Propulsion Performance

5.3.4 Weather Routing for Reduced Fuel Consumption

6.0 Patent Landscaping

6.1 US And China Holds Majority Share of Emission Control Patents for Maritime

6.2 Oil Producers and Ship Building Companies are Leading the Patent Filing Activities for Fuel Switching

6.3 Chine Research Institutes Spearheading Patenting of Solutions Enabling Maritime Digitalization

7.0 Growth Opportunities and Insights

7.1 Alternative Fuel Emergence Roadmap for Maritime Sector

7.2 Sulfur 2020 Limits Driving Low-sulfur Fuel Alternatives

7.3 Disruptive Technologies Drive Sustainability in Maritime Sector

7.4 Future of Electric Propulsion Systems Depends on Cross-Industry Collaborations

7.5 Need for Zero-carbon Fuel Alternatives will Provide Strategic Growth Opportunities in Maritime Sector

8.0 Key Contacts

8.1 Industry Contacts

8.1 Industry Contacts (continued)

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