Stylianos Papageorgiou
Managing Director
lomarlabs
At lomarlabs we see extraordinary opportunities in maritime innovation. We believe that technological innovation is the only way for maritime shipping to continue growing efficiently and in harmony with the environment, while still maintaining its competitiveness.
The maritime industry touches individuals, communities, and the planet in invisible, yet important ways. Shipping underpins the global economy and both directly and indirectly contributes to the livelihoods of hundreds of millions of people around the world.
90% of goods traded globally travel by sea at some point in their journey and physics dictates that shipping is the most energy-efficient mode of transport. Yet every year, the industry produces around 1 billion metric tons of CO2 – about 3% of all greenhouse gas emissions.
With demand for transportation expected to triple by 2050, shipowners and operators are facing strong social and regulatory headwinds when it comes to emission reductions and sustainable practices. At the same time, they are managing ever growing cargo volumes, shrinking labour pools, stricter schedules, higher standards of compliance and working with customers and partners demanding increasingly digitalised supply chains.
These changes spell immense challenges as well as opportunities for any industry – not least for one of the oldest in the world. We find ourselves at the start of a transformational period that will fundamentally change the maritime industry and ultimately reshape a key part of the global economy. lomarlabs aims to play a pivotal part in delivering solutions for a more efficient, effective, and environmentally conscious maritime industry.
Managing Director
lomarlabs
Chief Strategy Officer
Libra Group
Chief Executive Officer
Lomar Shipping
We understand that each move we make in the maritime industry - every action or inaction - now carries with it a planetary and human urgency. We bear that responsibility. We also believe that trust is an indispensable ingredient of successful collaborations and we don't play games with this.
The shipping industry has never been for the faint-hearted. We have acquired collective wisdom and possess the innate grit and tools needed to navigate in the maritime arena. As a result, lomarlabs is able to offer invaluable experience and know-how to help startups attempting to do what others believe is impossible.
We know that the impossible can become possible if we allow ourselves to think outside our accepted paradigm, no matter the application; technology, business or finance. With this, we stand by the fact that truly transformative solutions arise when established, thoughtful industry incumbents and technology innovators meld minds to bring the future closer to the present.