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Electric Boat Market Forecast To Grow by 12%
Michael Aistrup Gas-powered engines have been the backbone of boating since the advent of the internal combustion engine, but electric-powered boats could soon be claiming a significant share of the market.
Most of the fuel used in transportation is petroleum-based, but initiatives by many governments to reduce carbon emissions and to encourage consumers to adopt eco-friendly boats and ships is expected to boost growth of the electric boat market. The electric boat industry is still in early stages of development and there is a potential for growth.
Electric boats are defined as marine vessels with electric drive as propulsion. Electric boats can be only electric, hydrogen fuel cell electric, or hybrid electric.
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Hyster Begins Pilot of Hydrogen Fuel Cell Powered Container Handler
Hyster Company is testing a top-pick container handler powered by hydrogen fuel cells (HFC) at Fenix Marine Services in the Port of Los Angeles.
Based on the standard Hyster H1050-1150XD-CH top-pick container handler design, the truck is powered by two 45kw hydrogen fuel cells from Nuvera, a wholly owned subsidiary of Hyster parent company Hyster-Yale Group. The HFC-powered top pick is designed to provide the zero emissions benefits of a battery electric option, with enough capacity to keep operators moving and avoid the need to stop in the middle of a shift to refuel or recharge.
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Cost Increases Cause Losses at HanseYacht Group
EUROPEAN REPORT
Natasa Mulahalilovic Cost increases in several areas caused HanseYachts AG to report a loss of EUR 20.72 million (US$25 million) for the fiscal year 2021/2022 ended June 30, 2022. However, because of the great demand during the pandemic for sailing boats and fully complete order books, production increased from 446 to 568 boats, compared to the previous year.
Revenues totaled EUR 132,38 million, an increase of 22.8% compared to the previous fiscal year. But, at the same time, costs of materials increased 40.7%, personal expenses climbed 22% and other operating costs increased 58%. All this led to a net loss higher by 130.5% compared to the previous fiscal year.
The recent Covid-19 shutdown and worker absenteeism heavily impacted the finances of the group for fiscal year 2021/2022.
HanseYacht Group said it will not exhibit this year at BOOT, the biggest indoor pleasure boat trade show held in Dusseldorf, Germany.
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Container Ships Could Look Like this by 2050
Here’s What Container Ships Could Look Like by 2050
With pressure from regulators to decarbonize international shipping, companies big and small are racing to identify green alternatives to the gas-guzzling container ships that account for an estimated 3% of global greenhouse emissions.
Many of the ideas floating around today leverage some form of high-tech sail, a futuristic take on the wind-powered voyages that have transported goods for as long as global trade has existed.
Many factors need to be…
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Report from Cannes Yachting Festival 2022
EUROPE REPORT
Natasa Mulahalilovic The Cannes Yachting Festival is one of the largest in-water shows in the world, and this year it celebrated its 45th birthday. Founded in 1977, the show normally takes place every September. However, it missed out in 2020 because of Covid-19 restrictions, but it was back in 2021, posting the best performance results ever.
This year, the show was held Sept 6-11, and featured a fleet of about 700 boats, ranging in length from 3 to 50 meters. It included motor and sailing vessels, monohulls and multihulls, inboards, sterndrives and outboards, diesel, petrol, waterjet, hybrid and electric, tenders, RIBs and others displayed in the two main city ports of Le Vieux Port and Port Pierre Canto. This year, more than 56,000 visitors attended the show.
The new Polish Sunreef 80 Eco was the star of the festival. The all-electric, fully autonomous luxury catamaran of 23.87 m in length, 164 m2 covered with solar panels, is a unique boat in the industry. This luxury catamaran is equipped with ultra-light batteries with a density of 5.2 kg/kWh. The innovative system is entirely created and produced by the company itself offering the best efficiency in the marine world.
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MAN Plans to Launch New Generation Engine
Natasa Mulahalilovic Four years after introducing the most powerful engine for yachts, the V12-2000, MAN Truck and Bus has launched a new generation, high speed engine, the V12X. The official launch will take place at the Cannes Yacht Festival in France at the French Riviera Old Port, Sept. 6-11.
The latest MAN creation develops 2200 HP (1618 kw) at 2300 rpm. The 12-cylinder engine, with 30 liters displacement is unique in the marine pleasure market.
As all other MAN compact, high speed, diesel engines, the V12X fully meets the EPA Tier 3 recreational, China Marine Recreational Stage II, IMO Tier II and RCD 2013/53/UE, 97/68/EC emission standards and directives.
The new engine is designed for installation into medium and larger size motor yachts, sport fishing boats and cruisers. MAN Truck and Bus has a strong and lengthy collaboration with many yacht builders such as Azimut-Benetti group, Beneteau Yachts, Ferretti Group, Princess Yachts and others.
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Venture Firm Raises 4.2 Billion Yen for Electrification Projects
FAR EAST: JAPAN REPORT
Akihiro Komuro PowerX, Inc. says it has raised 4.15 billion yen in funding for two electrification projects: one is to develop its own “Power ARK,” a ship that carries electricity, and the other is to build a large-scale storage battery factory in Japan.
The idea behind the Power Transfer Vessel is to store electricity in container-shaped storage batteries and transmit it by ship, with an eye toward the expansion of offshore wind farms. Conventionally, power is transmitted from offshore wind farms to land via submarine cables, but the aim is to develop the Power Transfer Vessel that can replace submarine cables. This will make it easier to construct power plants offshore in windy distant seas. The construction of submarine cables that pass high-voltage electricity is environmentally hazardous, but the Power Transfer Vessels are cheaper than cables and will enable power transmission to be realized sooner.
Power Ark 100. The first vessel, the “Power ARK 100,” will have a length of approximately 100 meters and will be equipped with 100 storage batteries in the form of shipping containers, enabling it to store 220 MWh of electricity. This is roughly equivalent to one day’s worth of electricity for one city (22,000 households). In the event of a large-scale power outage or other disaster, the ship will serve as a contingency power source. Larger vessels are also planned, and a 220-meter-long vessel capable of carrying 3,000 containers would be able to transport 5,660 MWh of electricity.
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MEGURI2040: The Fully Autonomous Ship Program
FAR EAST: JAPAN REPORT
Akihiro Komuro The Nippon Foundation, Mitsubishi Heavy Industries Group company Mitsubishi Shipbuilding Co., Ltd., and Shin Nihonkai Ferry Co., Ltd. have successfully completed a demonstration test of the world’s first fully autonomous ship navigation systems on a large ferry, conducted on the Iyonada Sea from Shinmoji, Kitakyushuu City, in January.
This demonstration was part of MEGURI2040, a fully autonomous ship navigation project launched by The Nippon Foundation in February 2020.
Japan’s declining birthrate, aging population, and shrinking population have resulted in labor shortages in many fields. Seafarers in coastal shipping, which requires hard work on board, are no exception. More than half of the seafarers in coastal shipping are over 50 years old, which poses a major challenge.
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Hybrid Electric-Hydrogen Maritime Propulsion System Being Developed
EUROPE REPORT
Natasa Mulahalilovic Germany-based Torqeedo GmbH and Proton Motor Fuel Cell GmbH are jointly developing a hydrogen hybrid propulsion system for the marine industry. The ambitious and innovative project is provisionally named “Ma-Hy-Hy” (Marine Hydrogen Hybrid) and is funded by the Bavarian federal government until 2024.
Proton Motor Fuel Cell GmbH specializes in a high-tech innovative, climate neutral energy solutions, especially in CO2-neutral and emission-free hydrogen fuel cells and electric hybrid systems for stationary, automotive, rail and maritime applications. Development and production sites are located in the Munich area.
Torqeedo GmbH, as a part of the Deutz group, is a market leader in development and production of lithium batteries, solar charging equipment, electric and hybrid drives. It offers outboards and inboards, electric motors and hybrid drive systems ranging from 0,5 to 100 kW on motor level (up to 200 kW on system level).
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HanseYachts Group Reports ‘Exceptional Year’
Natasa Mulahalilovic German boat manufacturer HanseYachts AG has announced preliminary financial results for 2020-2021 that it has described as “exceptional for the company in all respects.”
The group, established in 1990, manufactures sailing, motor yachts and luxury sailing, and motor catamarans under the brands Hanse, Dehler, Moody, Privilege, Fjord and Sealine. Boats are produced in Germany and France, and are equipped with Volvo, Yanmar and Mercury engines.
Despite the production problems caused by delays in parts supply, the group achieved record results in 2020/2021, with the order book counting more than 1,000 boats. Previously, the group’s best year was 2007/2008 when 940 boats were ordered. The revenue this year is expected to be more than € 230 million.
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