Eco Marine Power Update Investor Information

Press Release
Sunday, December 30, 2012
Aquarius MRE Ship: Image credit EMP

Eco Marine Power (EMP) invites investment in its wind power & solar energy system for ocean going ships, called the Aquarius MRE System.

EMP is a marine systems technology company that offers investors the opportunity to help drive forward cutting-edge projects focused on developing green & renewable energy technologies for world shipping that will have a global impact.

The company is currently developing a wind power and solar energy system for ocean going ships called the Aquarius MRE System . This innovative system will allow ships to utilise wind power and solar energy via an integrated system of rigid but movable sails (based on EMP's EnergySail technology) which will reduce fuel consumption and lower noxious gas emissions.  The Aquarius MRE System (Patent Pending) will herald in a new era of sustainable shipping and reduce operation costs for shipping lines.

EMP is also working on the development of a number of solar-electric hybrid propulsion & marine hybrid power design concepts for smaller ships. (below 500 tonnes)  Some of these concepts incorporate features from Aquarius MRE System  but also include new ideas that will help make green marine technology more cost effective and suitable for a wide range of vessels.

Eco Marine Power is a design focused company and does not plan to build ships,vessels or boats or manufacture marine equipment itself. Those roles and functions will be carried out by strategic partners thereby leaving EMP to focus on developing new concepts and design ideas.
The company was formed in July 2010 and is based in Fukuoka, Japan.

The company offer investors an opportunity to become part of the development of a cutting edge technology that will help lower carbon emissions, fossil fuel consumption and noxious (NOx/SOx) gas emissions on a global level.
 

Maritime Reporter January 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Technology

Kongsberg Expands Louisiana Office, Training Facility

Kongsberg Maritime has purchased approximately 5.2 acres for new construction on an 82,980 sq ft office and training facility. Construction on the James Business

Navigational Charts App Debuts at Ocean Business

An independent consultancy and software development company will launch a new web and PC based navigational charting app at Ocean Business 2015.   Norcom Technology

Reftrade Upgrades Fleet Refrigeration Systems

Reftrade UK  has made an investment  to upgrade its fleet with environmentally friendly technology. The world’s first refrigeration system to use CO2 as a natural refrigerant,

Finance

Matson Announces Quarterly Dividend

Matson, Inc. declared a first quarter dividend of $0.17 per common share, the company’s board of directors announced. The dividend will be paid on March 5, 2015

Kirby Reports Record Earnings

Kirby Corporation announced record net earnings of $68.1 million, or $1.19 per share, for the fourth quarter 2014 (ended December 31). The results bested 2013’s fourth quarter figures of $64.

Baltic Sea Freight Index Falls to Lowest Level Since 1986

The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, spiralled downwards to its lowest level in nearly three

Environmental

Reftrade Upgrades Fleet Refrigeration Systems

Reftrade UK  has made an investment  to upgrade its fleet with environmentally friendly technology. The world’s first refrigeration system to use CO2 as a natural refrigerant,

Liberian Registry Launches Green Ship Initiative

“We have launched a new initiative to help shipowners improve their green credentials and meet other corporate social responsibilities," said Scott Bergeron, CEO

Shell Eyes Arctic Drilling this Summer

Oil major Shell wants to revive its Arctic oil drilling programme this year after a near two-year suspension, angering environmentalists who say the risk of an oil spill is too high.

Energy

Damen Delivers Custom-Made Offshore Winches to Fugro

Damen Maaskant Shipyards, part of Damen Shipyards Group, has delivered two dedicated offshore winches to Fugro. The Dutch shipyard was responsible for the design,

Stolt-Nielsen Q4 Profit Misses Forecast

Shipping firm Stolt-Nielsen reported fourth quarter earnings below forecasts on Thursday and said it was concerned about the outlook for the chemical tanker market,

Shell: UK Should Reduce North Sea Oil Tax

The British government should review a supplementary tax charge on North Sea oil producers as it has made the operation of some fields unrealistic, Shell Chief

 
 
Maritime Security Naval Architecture Navigation Pod Propulsion Salvage Ship Repair Ship Simulators Shipbuilding / Vessel Construction Sonar Winch
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1597 sec (6 req/sec)