A project has been started by UK-based shipowner Lomar Shipping, a division of LIbra Group, to work with deep-tech entrepreneurs and address “maritime issues,” as reported by Offshore Energy.
Technological solutions
According to the information available, the new company Lomarlabs will stimulate the use of advanced technical solutions to address the most pressing issues facing the shipping sector.
It will work with other business owners to support the net-zero goals.
Former Lomar Technical Director Stylianos Papageorgiou serves as the managing director of Lomarlabs.
The inability to test and perfect their inventive inventions on actual ships and shipyard equipment is one of the main problems that marine technology businesses encounter. According to Nicholas Georgiou, CEO of Lomar Shipping, “We can contribute that infrastructure, knowledge, and ability to assist create solutions that will make a difference because of the maritime assets of Lomar and our larger Libra Group.”
Overcoming marketing solutions
He continued, “We are establishing Lomarlabs to help answer some of our industry’s toughest difficulties, none more so than committing to a greener strategy for the future and assisting in the decarbonization of our business.”
We observe important scientific developments and high-tech engineering inventions occurring at a rate never before seen. Papageorgiou stated that Lomarlabs was established to “catalyse the implementation of deep technologies into routine shipping operations.”
We provide value to start-ups and established tech companies in several ways, such as by making our fleet of Lomar vessels available as floating labs, testing and validating business model hypotheses, and offering the catalytic funding a company may need to test their solution or overcome a marketing challenge.
Various additional programmes
The business added that it is already considering programmes that emphasise energy conservation, alternative fuels and electrification, a low-carbon economy, and autonomous shipping.
“At the moment, we are examining ideas that deal with carbon capture and removal, automation, fuel transition, and energy efficiency. The projects we have been working on over the past few months will shortly be announced, and we are eager to do so,” said Lomar.
Recall that the company had disclosed last month that it had obtained a $27.5 million credit facility from Australian financial services company Macquarie Group to refinance two ships in its varied fleet.
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Source: Offshore Energy
