‘e5 Consortium’ established to promote zero-emission electric vessel

May 28 2020


Seven companies—Asahi Tanker Co., Ltd., Idemitsu Kosan Co., Ltd. (trade name: Idemitsu Showa Shell), Exeno Yamamizu Corporation, Mitsui O.S.K. Lines, Ltd., Tokio Marine & Nichido Fire Insurance Co., Ltd., Tokyo Electric Power Company, and Mitsubishi Corporation—have announced the establishment of the “e5 Consortium,” with the goal of establishing new ocean shipping infrastructure services through various initiatives to develop, realize, and commercialize zero-emission electric vessels.

Coastal shipping in Japan faces structural issues such as a shortage of mariners due to the aging of the seagoing workforce, not to mention the aging of the vessels. In addition, the ocean shipping industry has urged the coastal shipping industry to reduce emissions of greenhouse gases (GHGs) as one of Japan’s measures to address climate change. The seven e5 Consortium corporate members are focusing their attention on fulfilling the potential of electric vessels to solve these urgent issues. The consortium aims to establish a platform that offers innovative ocean shipping infrastructure services based on electric vessels bringing to bear the strength, technological know-how, networks, and other advantages of each member company.

 

As the first phrase of the project, the consortium plans to launch the world’s first zero-emission electric tanker, powered by large-capacity lithium ion batteries, in March 2022. e5 Lab. Inc. will serve as the executive office of the e5 Consortium. 

 

The e5 Consortium will promote the sustainable growth of coastal shipping in Japan and contribute to the nation’s social and economic development by providing added value to the coastal shipping industry through the development and introduction of advanced vessels.

 



Related News

SEA-LNG Chairman explains why LNG is the “only viable fuel” to reduce shipping’s GHG footprint

(Sep 03 2020)

Peter Keller, Chairman of SEA-LNG, the multi-sector industry coalition advocating for LNG as a marine fuel throughout the entire value chain, has published a new report which offers an in-depth insight into LNG as a marine fuel and its clear pathway ...



Lean Marine – automated tools to manage fuel consumption

(Sep 03 2020)

Lean Marine of Gothenburg, Sweden, makes an automated digital device which runs on the ship’s bridge, to ensure that the vessel never uses more fuel than planned , and to automatically adjust the propeller pitch.



The CEO’s perspective

(Sep 03 2020)

Mikael Laurin, CEO of Lean Marine, was formerly a customer, as CEO of Laurin Maritime from 2004 to 2018, a company which managed a fleet of sixteen 45-50,000 dwt IMO II / III chemical class ships. He is currently a board member of Team Tankers Intern...



Cargill & ZeroNorth enter partnership to accelerate use of digital solutions that decarbonise

(Sep 03 2020)

Cargill invests in ZeroNorth and commits its entire operated fleet to using the Optimise software to reduce CO2 emissions through digital technology.



Stena Bulk and GoodFuels successfully complete trial of sustainable marine biofuel

(Aug 13 2020)

Leading tanker owner Stena Bulk and GoodFuels, the advanced biofuels pioneer and supplier for the global shipping industry, successfully complete a trial of Heavy Fuel Oil (HFO)-equivalent Bio-Fuel Oil (BFO) on Stena Immortal.



October 2020

Seafarer morale and safety - Neste and vessel performance - Maersk''s ZeroNorth