In the last 12 months, there has been a tremendous effort from port and terminal operators to embrace technology. Recent headlines indicate they are stepping up their game to provide the world’s ocean-going fleet with the services and solutions they need to maintain safe, efficient, and sustainable global trade. A new hive of activity to test and bunker future fuels is evident, as is the integration of smart technologies to optimise berthing and other port operations.
To provide insight into the status of the port operations technology market over the last 12 months, and what this might indicate about the future, Thetius has taken a deep dive into some of the recent market movements.
A total of 55 ports, terminals, and hubs involved in buying, supplying, and enabling the development and uptake of alternative power sources within the last 12 months have been captured by Thetius. The report has been split into two parts to explore how and why ports are adopting alternative power sources and digital technologies.
Part 1: Alternative power sources
This part of the report covers bunkering hubs as well as port and terminal equipment
Part 2: Port digitalisation
This part of the report looks at how ports are using digital tools and technologies to improve operational efficiency and enhance competitiveness.
Port and Terminal Operations Technology Market Map 2022/23
Detailing 83 organisations categorised as suppliers, 81 organisations categorised as buyers and 36 organisations categorised as enablers.
One, three and ten year outlooks on the state of port and terminal operations technology in the industry:
- Investment in electrification is expected to continue.
- LNG is likely to remain the dominant go-to fuel for many shipowners and operators.
- Battery capacity will increase, enabling larger vessels to adopt batteries.
- Methanol will play an increasingly large role in powering ships.
- A multi-fuel future is likely with hydrogen and ammonia dominating the market.
This report is available to all Thetius IQ subscribers and can be purchased as a one off report for £2950. Want to learn more? Download a sample report using the form below.