Download PDF version

Strong global growth in all areas, industry-pioneering sustainability projects, development of a diverse talent pipeline and pioneering advances in digital and condition-based technologies were highlighted for members from around the world at the 162nd ABS Annual Members Meeting.

Members heard that continued focus on industry fundamentals had propelled the ABS fleet to 289 million gross tons and strengthened its number one position in global new order share at 24.2 percent, holding pioneering positions with both shipbuilders and shipowners. 

Sustainability and digital services

Among shipbuilders, ABS is number one for new order share in Brazil, China, Singapore, South Korea and the United States, and with shipowners, ABS is number one for new order share in Brazil, Denmark, Hong Kong, Singapore and Taiwan.

ABS also grew its lead in sustainability and digital favours and grew its support for rules

Members also heard how ABS has maintained its leadership position across the entire global offshore market and continues to lead the existing fleet for tankers, while maintaining strong order book positions with container ships and bulk carriers. ABS also extended its lead in sustainability and digital services and expanded its support for governments.

Hybrid solutions

At ABS, we believe there's a direct correlation between safety and performance and 2023 will be remembered as a year when our safety-centric and mission-driven strategy, our north star, guided our industry-pioneering performance,” said Christopher J. Wiernicki, ABS Chairman and CEO. 

2023 will also be remembered as the year our industry began its transition to a multi-dimensional world, where fuels, technology and data unite to provide the hybrid solutions required to achieve net zero. And in these challenging times, ABS excelled again, delivering another year of strong growth and solid performance in all areas.”

Overview of NOAA's ongoing efforts

Specific update on their role in providing high-resolution aerial imagery assisting recovery operations

Rear Admiral Nancy Hann, Director of the National Oceanic and Atmospheric Administration (NOAA) Commissioned Officer Corps and NOAA Office of Marine and Aviation Operations, gave an overview of NOAA's ongoing efforts in support of safety at sea and a specific update on their role providing high-resolution aerial imagery assisting recovery operations of the Francis Scott Key Bridge collapse in Baltimore, Maryland.

Vice Admiral Peter Gautier, U.S. Coast Guard Deputy Commandant for Operations, gave an update to members on Coast Guard Operations, discussing the Baltimore bridge collapse as well. He highlighted recent events in the Middle East and the Red Sea and the connections between maritime security, economic security and national security.

Digital twin technologies

Vice Admiral Gautier said: “As mission-driven organisations, ABS and the U.S. Coast Guard enjoy a close alignment in their approach and a strong relationship. This is more important than ever as the National Security Establishment is increasingly aware of the imperative of a strong commercial U.S. maritime industry.”

Members heard about ABS’ pioneering work to advance condition-based and digital twin technologies and how artificial intelligence was being used to simplify the complex regulatory and operational landscape for owners. They were also told about ABS’ wide range of joint development projects with key industry partners to support the safe adoption of alternative fuels.

For example, ABS supported the development of projects at key points in the ammonia value chain – production, transportation and propulsion – including an offshore hydrogen and ammonia production platform, a dual-fuel very large ammonia carrier and an ammonia-fueled containership. The launch of a global ABS Electrification Centre in Singapore to support maritime decarbonisation projects is another example of ABS investing to support the maritime energy transition.

Download PDF version Download PDF version

In case you missed it

Cummins showcases marine technology solutions at International Workboat Show 2024
Cummins showcases marine technology solutions at International Workboat Show 2024

Cummins Inc., a global pioneer in power solutions, will exhibit its latest marine technologies at the International Workboat Show 2024, in New Orleans, from November 12-14, 2024.&n...

LEO networks revolutionise maritime connectivity
LEO networks revolutionise maritime connectivity

Maritime communications came a long way before they could deliver the first Global Maritime Distress and Safety System (GMDSS). Still, it is fair to say that their forward march ha...

E-methane offers environmental, compliance, and performance advantages
E-methane offers environmental, compliance, and performance advantages

As the maritime industry accelerates its journey toward decarbonisation, the focus on alternative fuels has intensified. E-methane E-methane, a synthetic gas produced using renew...

vfd