As global regulations tighten and alternative fuel pathways emerge, the maritime sector is under increasing pressure to modernize. The International Maritime Organization (IMO) has set the goal of cutting shipping emissions by at least 50% by 2050, with more ambitious goals under consideration. Meeting these targets requires building new, future-ready vessels while upgrading the existing fleet with minimal disruption.
However, fleet renewal is costly and time-intensive. Newbuild lead times often take years depending on vessel class and shipyard capacity. Meanwhile, global LNG demand continues to rise, with maritime transport accounting for a substantial share of energy logistics and over 80% of global trade by volume. Faced with these pressures, shipowners are now turning to incremental upgrades and mid-life vessel retrofits, provided by companies like Hanwha, to keep fleets commercially viable.
Hanwha’s cradle-to-retrofit approach at Gastech 2025
Under the theme “powering a sustainable energy future,” Gastech 2025 convened more than 50,000 policymakers, executives, and engineers in Milan. There, attendees explored many of the technologies and strategies shaping the future of global energy. Alongside topics like carbon capture systems (CCS), hydrogen, and AI, Gastech highlighted the role of the maritime sector in energy security — both as a cornerstone of global fuel transportation, and as a catalyst for alternative fuel adoption.
At this year’s event, Hanwha presented its cradle-to-retrofit strategy, a set of end-to-end lifecycle solutions that span maritime vessel design, operations, retrofits, and propulsion technologies.
Emphasizing compliance, efficiency, and resilience, Hanwha’s approach helps extend the lifespan of existing fleets while giving shipowners practical, phased options to adapt to new regulations and fuel pathways.
1. Design & construction
New vessels face rising regulatory and market pressures from the outset. Hanwha’s design approach embeds flexibility early through modular layouts and integrated emissions management.
2. Operation, optimization, and maintenance
As fuel costs rise and compliance standards tighten, operators need tools that sustain vessel performance over decades of service.
3. Mid-life retrofits
With fleet renewal lagging behind policy shifts, shipowners need proven, modular retrofit solutions to keep vessels compliant and commercially viable.
4. Futureproofing
To meet long-term net-zero targets, vessels will need propulsion systems that move beyond traditional fuels altogether. Hanwha is investing in next-generation technologies that will power the fleets of tomorrow:
These future-facing technologies will support the emergence of fully zero-emission vessels, while giving shipowners strategic flexibility as global regulations continue to evolve.
A total marine lifecycle partner
Together, these solutions form a phased roadmap for shipowners navigating uncertainty. Smart design builds flexibility into new vessels, operations and MRO sustain performance over decades, vessel retrofits deliver near-term pathways for compliance and efficiency, and propulsion technologies prepare fleets for long-term transitions. This layered approach provides energy companies with greater confidence that vessels carrying LNG and emerging fuels will remain compliant and commercially operational — strengthening global supply chain resilience. By combining shipbuilding, propulsion, energy systems, and digital expertise, Hanwha is positioning itself as a total marine lifecycle partner that provides a practical pathway to the next generation of shipping.
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