The maritime transport industry witnessed several significant developments in 2024. Incat Tasmania, an Australian shipyard, is at the forefront of electric ferry technology, with the construction of the world's largest all-electric ferry. Chairman Robert Clifford emphasizes the importance of battery technology for the future of ferries. Another milestone was the launch of the world's first hydrofoil ferry in Stockholm by Candela, showcasing the potential of hydrofoil technology in the fast ferry sector. MSC Cruises is exploring hydrogen as a critical fuel stock for synthetic fuels like methanol, methane, and green ammonia. Additionally, T Mariotti is building the first methanol-powered cruise ship, Aman at Sea, paving the way for methanol adoption in the cruise industry. Furthermore, China's role as a major cruise ship builder was highlighted by the delivery of Adora Cruises' first large domestic cruise ship, indicating the country's growing influence in the cruise sector.