FacebookTwitterEmailLinkedin Lloyd’s Register (LR) has published a report looking into the development of the retrofit market, examining how regulatory uncertainty, technology readiness, and future decarbonization pathways are shaping investment and adoption trends. According to the “Engine Retrofit Report: Applying Alternative Fuels to Existing Ships” (2026 Update, the retrofit market developments of 2025, as in 2024, show an industry building capability ahead of demand. Regulatory uncertainty constrained the volume of announced conversions, but conversion credibility improved, and technology providers expanded their retrofit offerings. RelatedNews New report says one-size-fits-all biofouling strategies fall short More than 12,000 vessels are already compliant with FuelEU var jnews_module_21368749_0_6a02242ce0bda = {"header_icon":"","first_title":"Related","second_title":"News","url":"","header_type":"heading_8","header_background":"","header_secondary_background":"","header_text_color":"","header_line_color":"","header_accent_color":"","header_filter_category":"","header_filter_author":"","header_filter_tag":"","header_filter_cpt_post_tag":"","header_filter_cpt_tribe_events_cat":"","header_filter_cpt_web_story_category":"","header_filter_cpt_web_story_tag":"","header_filter_text":"All","sticky_post":false,"sticky_post_filter":false,"post_type":"post","content_type":"all","sponsor":false,"number_post":"2","post_offset":0,"unique_content":"unique1","include_post":"","included_only":false,"exclude_post":"21368749","include_category":"","exclude_category":"","include_author":"","include_tag":"4227,1757,528,1752,1709,2115","exclude_tag":"","exclude_visited_post":false,"post_tag":"","tribe_events_cat":"","web_story_category":"","web_story_tag":"","sort_by":"latest","show_date":"","date_format":"default","date_format_custom":"Y\/m\/d","pagination_mode":"disable","pagination_nextprev_showtext":"","pagination_number_post":"2","pagination_scroll_limit":0,"ads_type":"disable