The 2024–2025 ICS Maritime Barometer is the latest full-scale annual survey of risks and confidence among maritime leaders.
C-suite decision-makers from across the industry, nearly 43% of whom are shipowners and 30% ship managers, have provided insight into the key factors influencing their decision-making and the confidence they have in mitigating the impact of ongoing challenges to their business operations.
The report is divided into four main sections
- Section 1: Risk factors for shipping from political instability to industry reputation, how the C-suite views the threats and their capabilities around key issues.
- Section 2: Decarbonisation, fuels and emissions: a deep dive into attitudes towards climate concerns that are dominating industry discussion, from fuel choice to funding.
- Section 3: Fuels and technologies, including the perception of the viability of alternative fuels and how this has evolved over the last four years.
- Section 4: National Focus on the United Kingdom, which showcased the highest number of respondents this year.
Section 1: Maritime leaders’ perception of risk against shipping’s ability to address this risk 2024-2025
Political instability has remained the top concern for maritime leaders for the second year in a row, reflecting the growing anxiety over the state of play in world geopolitics.
Following closely was cyber-attacks, increasing administrative burden, and barriers to trade, largely mirroring last year’s findings.
Click here for the full report.
Section 2: Decarbonisation, fuels and emissions
Maritime leaders responding to the ICS Barometer have rated regulations as the top impact factor for the industry’s green transition issues and their impact on business operations.
Public funding ranked the second highest in impact and lowest in confidence, signalling a continued lack of confidence in government support. Private funding also entered as a top risk factor, just behind public funding, although with slightly higher confidence than seen last year.
Click here for the full report.
Section 3: Fuels and Technologies
In 2024–2025, the availability of low and zero carbon fuels was the most significant factor impacting investment in these fuels.
For the first time in four years, the question of fuel availability has overtaken the need for infrastructure to deliver low and zero emission fuels in port as a top priority, reflecting the growing urgency around scaling up supply to meet industry demand within a reasonable time frame.
Click here for the full report.
Section 4: UK Regional Focus
The United Kingdom had the largest number of participants from a single country, with 20 respondents out of a total of 133. The highest risk identified in this year’s ICS Barometer was cyber-attacks, jumping from its third-place ranking in the previous year. The responses largely mirrored those of the global community, with malicious attacks, trade barriers, increased administrative burdens, and availability of crew and trained personnel following closely behind.
Click here for the full report.
ICS-Barometer-2023-2024-Full-report
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