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What’s new this week?
Dear readers, the Port of Rotterdam has secured €90 million in EIB financing for massive shore power infrastructure, while Gothenburg is deploying the world's first methanol-hybrid tug and expanding OPS across terminals. Melbourne is exploring Australia's first fully electric tug fleet with a dedicated microgrid. On the vessel side, Swedish hydrofoil pioneer Candela raised €30 million to scale production as global demand surges, while Arc Boat Company secured $50 million to expand into commercial and defense markets. Vision Marine is driving electric propulsion adoption through its vertically integrated E-Motion™ platform. Meanwhile, CEVA Logistics launched a dedicated maritime service for shipping used lithium-ion batteries to European recycling facilities, addressing a critical circular economy need. Battery technology continues to advance, with new chemistries promising longer life and higher density. Enjoy this edition!
Port News
Ports Evolve into Energy Nodes: Ports are becoming strategic energy nodes as geopolitical volatility and electrification converge. Energy security now drives investment in on-site generation, microgrids, and renewable power. The Dominican Republic exemplifies this shift, with one port facility building a solar park supplying 80% of its energy demand. READ MORE
Stillstrom Plans UK Offshore Charging Rollout: Stillstrom establishes a dedicated UK entity in Aberdeen to commercially deploy offshore vessel charging solutions. The technology targets service operations vessels in the North Sea's offshore wind sector. Commercial rollout follows successful trials and partnership agreements with leading SOV owners and operators. READ MORE
Whittier Advances Cruise Shore Power: Construction progresses on a $12 million shore power project in Whittier, Alaska, developed with Carnival Corp. and Chugach Electric. The infrastructure will enable Holland America and Princess ships to plug into the local grid. Completion is scheduled for 2027, building on the industry's first shore power project pioneered in Juneau in 2001. READ MORE
Gothenburg Embraces Green Harbour Operations: Port of Gothenburg aims for 70% carbon reduction by 2030, deploying the world's first methanol-hybrid tug and expanding shore power. A new transformer station will provide 19 MVA capacity, enabling OPS at seven berths by 2030. The port expects to reduce container ship CO2 emissions by 5,600 tonnes annually from this investment. READ MORE
Melbourne Explores Electric Tug Fleet: Port of Melbourne partners with Svitzer, Copenhagen Infrastructure Partners, and Plexar Energy to explore Australia's first fully electric tug fleet. The MoU covers feasibility assessment for two TRAnsverse 2600e tugs with a dedicated renewable microgrid and high-capacity charging. This collaboration was officiated during the Danish State Visit, highlighting international partnership. READ MORE
Rotterdam Secures €90m EIB Loan for Shore Power: The Port of Rotterdam secures a €90 million EIB loan for shore power installations at three container terminals. The project, part of Rotterdam Shore Power with Eneco, will equip 8 km of quay with 35 connection points. Operations are scheduled to begin in the second half of 2028, with an additional €70 million in EU grant funding. READ MORE
Vessel News
Candela Raises €30m for Hydrofoil Ferries: Candela raises €30 million in new funding, including €8 million from IFC, to scale P-12 electric hydrofoil ferry production. The company plans a second manufacturing facility in Poland as global orders exceed 65 vessels. Deployments are set to expand to Mumbai, Maldives, Saudi Arabia, and Thailand starting in 2026. READ MORE
Vision Marine Scales Electric Propulsion: Vision Marine Technologies reports 446% year-over-year increase in electric boat sales under contract in early 2026. The company's E-Motion™ 180E system has been integrated into 25 different boat models. With $1.9 million positive operating cash flow in Q1 2026, the vertically integrated platform is gaining momentum. READ MORE
CEVA Launches Battery Shipping Service: CEVA Logistics launches a dedicated maritime transport service for shipping used lithium-ion batteries to European recycling facilities. The service uses five specially adapted containers with 30-tonne capacity on CMA CGM shipping lines. This solution addresses the critical challenge of managing used batteries from island territories. READ MORE
Elvene Unveils Solar Electric Boat: Finnish boatbuilder Elvene unveils AMY, a solar electric production boat with a 50 kW Molabo outboard drive achieving 30 knots top speed. The 6.5-meter vessel features 45 kWh battery capacity and up to 1,300 W solar array for unlimited range at low speeds. It offers energy independence without high-voltage complexity, ideal for rental fleets and remote operations. READ MORE
Arc Raises $50m for Commercial E-Boats: Arc Boat Company raises $50 million Series C to expand into commercial and defense electric propulsion markets. The startup plans to supply propulsion systems to defense contractors while maintaining its consumer sport boat business. This strategy mirrors Tesla's early approach, leveraging consumer revenue to scale commercial applications. READ MORE
LR Supports Australia's First E-Ferry Fleet: Lloyd's Register signs a contract with Echo Marine Group to support Western Australia's first fully electric passenger ferry fleet. Five new battery-electric vessels will operate on Perth's Swan River under the METRONET expansion programme. The first vessel is scheduled to enter service in 2027, setting a new benchmark for zero-emission ferry design in Australia. READ MORE
BV Classifies Singapore's First E-Tug: Bureau Veritas announces the delivery of EON, Southeast Asia's first fully electric harbour tug, built by PaxOcean for Kuok Maritime Group. The 29-metre tug features a 3 MWh LTO battery system with ABB's DC grid technology and 50-tonne bollard pull. EON is assigned BV's BATTERY SYSTEM Notation, representing a major milestone for Singapore's coastal decarbonization. READ MORE
OEMs
Chemistries Advance Battery Storage: Battery technology advances as Corvus Energy reports 10-15% capacity improvements, with Blue Whale NxtGen offering 15-year lifetime and 1C rates. New chemistries like LMFP from Integrals Power show 85% capacity retention at -25°C, while Eqonic develops lithium-free alternatives with 70% cost savings. Over 60 tugs now operate with battery-hybrid propulsion, with 50 more under construction. READ MORE
Cavotec Secures €3m Italy Shore Power Order: Cavotec receives a €3 million order for shore power systems across several ports in southern Italy. The equipment includes PowerFeed, PowerReach, and PowerMove technologies for cruise, container, and RoRo vessels. Installation will enable ships to switch off diesel generators at berth, supporting decarbonisation goals. READ MORE
Hefring Integrates Monitoring Tech with Electric Propulsion: Hefring Marine partners with Ecomar Propulsion to install its Intelligent Maritime Analysis System aboard the hydrogen-battery vessel MV Dirac. This marks the first deployment of IMAS technology on an electric vessel, providing real-time sea condition and motion monitoring. The partnership aims to enhance safety and efficiency for sustainable workboats. READ MORE
Upcoming Events
4th Annual Electrification, Fuel Cells And Battery Development For Marine Vessels
March 27–28 | Hamburg, Germany 🇩🇪TOC Europe
May 19–21 | Hamburg, Germany 🇩🇪Seawork 2026
June 9–11 | Southampton, UK 🇬🇧Advanced Maritime Technology Expo & Conference
June 16–18 | Amsterdam, Netherlands 🇳🇱SMM Hamburg
September 1–4 | Hamburg, Germany 🇩🇪Offshore Energy Exhibition & Conference
November 25–26 | Amsterdam, Netherlands 🇳🇱
