‘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

Silverstream secures further orders for air lubrication technology on eight newbuild LNG carriers

(Aug 06 2020)

Pioneering clean technology company Silverstream Technologies announced that it has secured another new deal to install its market-leading air lubrication technology, the Silverstream® System, onboard eight newbuild LNG carriers being constructed at ...



Coalition forces release detained oil tanker

(Aug 06 2020)

Houthi rebel group announce that coalition forces led by Saudi Arabia have released an oil tanker detained for nearly four months.



OneOcean launches EnviroManager+

(Jul 30 2020)

OneOcean has made some clever advancements to its world-leading environmental compliance platform, and announces the launch of EnviroManager+.



UK warns of “catastrophic environmental threat” from hazardous Yemeni oil tanker

(Jul 30 2020)

The UK has called on the Houthis in Yemen to give UN experts access to an oil tanker off its west coast, in a bid to prevent an environmental catastrophe.



U.N. still waiting for Houthi approval to visit decaying oil tanker off Yemen

(Jul 30 2020)

The United Nations was still waiting for Yemen’s Houthi group to authorize deployment of an assessment team to a decaying oil tanker that is threatening to spill 1.1 million barrels of crude oil off the war-torn country’s coast last Tuesday.



June 2020

low carbon strategy - digital tanker market models - battery explosions - better catering onboard - challenges of ballast installations