We were very pleased to co-host this event with Norton Rose Fulbright as part of London International Shipping Week 2023.

For shipping to meet global decarbonisation objectives, new technology and alternative fuels will be critical. The recent boom in demand for newbuilding vessels has been driven partly by the need to move away from older vessels which will struggle to meet increasingly stringent decarbonisation targets. New vessels will have to adopt new technology such as using novel fuels including ammonia, dual fuel engines, fuel cells, battery power, carbon capture, shore power connections, sails and other innovations.

However, with new technologies come new risks for both buyers of newbuilding vessels, technology providers and shipyards.
Poonam Melwani KC moderated an interactive panel discussion on how shipbuilding contracts will have to adapt – covering the risks, complications, opportunities and ways to manage them. Poonam was joined by James Turner KC, Charlotte Winter, Ieronymos Bikakis and Andrew Craig-Bennett, columnist, “Splash 24/7”.