Anticipating change to deliver innovation, operational excellence and specialist engineering to a diverse range of global market sectors.

Three global mega trends of climate change and resource scarcity, shifting global economic power and technological breakthroughs have been identified as key market drivers for James Fisher, influencing the decision to refocus on our core markets of marine, energy and defence.

The necessity to achieve a reduced carbon footprint, growing share for low energy sources (such as gas, nuclear and renewables), greater regulation around information management, enlarging demand for remote asset management and increasing requirements for basic resources and defence capabilities, are some of the features we recognise within these long-term trends which afford our stakeholder opportunities.

Delivering innovation, operational excellence and specialist engineering to a diverse range of global market sectors

Responding to global market drivers

Reacting to global market drivers is what ensures continuous, prosperous growth for the group and all our stakeholders. We have identified three global mega trends where we will focus our attention and efforts, including climate change and resource scarcity, shifting global economic power, and technological breakthroughs.

Read more about our market drivers below.

CLIMATE CHANGE AND RESOURCE SCARCITY

Climate change and resource scarcity

The challenge

Climate change consequences and the need to cut emissions are driving a transition to renewable energy whilst population growth across developing markets is increasing demand for resources.

How we’re responding

We’re proud to support our oil and gas customers with environmentally responsible products and services, including fulfilling a growing need to decommission offshore assets with our well severance and infrastructure removal capabilities. In the renewables sector, we’re proving ourselves as a key, innovative partner in developing offshore wind; and we’re supporting our customers in their journeys to alternative fuels as with our expansion in LNG ship-to-ship transfers.

Our existing oil and gas services, combined with newer, renewable energy solutions, James Fisher is supporting its customers in accelerating the energy transition. We’re also demonstrating our commitment to reducing GHG emissions with low carbon shipping in our Tankships financial reporting division.

Site preperation JFMS Triton

Shifting global economic power

The challenge

Economic growth within emerging markets is stimulating increased energy consumption whilst global political instability is escalating defence concerns and amplifying economic turbulence.

How we’re responding

James Fisher specialises in serving the needs of new and emerging markets and our global footprint reflects the diverse range of customer and geographical markets served.

In response to resource scarcity concerns we’re innovating in support of our customers operating in marine life protection with the development of oxygenation solutions for aquaculture, exploring flare gas reduction systems in the oil and gas market, as well as waste management.

R2S capabilities of digital asset management

Technological breakthroughs

The challenge

Technology is advancing exponentially, with significant transformation in data automation and visualisation. Effective and timely adoption of innovative technology is increasingly viewed as a prerequisite of successful differentiation.

How we’re responding

We’re supporting our customers in their digital transformation through the development of pioneering digital twin software to manage complex assets and critical project life cycles in challenging environments, delivering online, real-time asset management that helps reduce operating costs.

We continue to explore opportunities where digital applications and solutions can improve efficiencies, such as the digitalisation of offshore services and remote and autonomous subsea operations.

Our response to these key market drivers

In response to the energy transition, we’re demonstrating our  commitment to reducing GHG emissions with low carbon shipping in our tankships division; we’re fulfilling a growing need to decommission offshore assets with our well severance and infrastructure removal capabilities; we’re proving ourselves as a key, innovative partner in developing offshore wind; and we’re supporting our customers in their journeys to alternative fuels as with our expansion in LNG ship-to-ship transfers.

Emerging markets are creating additional opportunities for geographic expansion while resource scarcity concerns are prompting us to  consider oxygenation for aquaculture, flare gas reduction and waste management.

Acceleration in technology, meanwhile, is acting as a catalyst for our own advances in IP-backed innovation, digitalisation of offshore services and remote and autonomous subsea operations.

Between 2006 and 2013 Fendercare Marine has conducted over 70 ship-to-ship (STS) operations globally to assist ExxonMobil with the offshore transfer of petroleum based products.
Find out about the specialised solutions we provide to our key markets

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