Teramoto Iron Works, Eco Marine Power Form Strategic Alliance

Posted by Eric Haun
Monday, May 12, 2014
Yoshitaka Teramoto, President of Teramoto Iron Works.

Pathway for commercial production of EnergySail and Aquarius MRE System established.

Eco Marine Power (EMP) announced that it has taken another major step forward towards bringing its EnergySail and Aquarius MRE System technologies to the market by forming a strategic alliance with Teramoto Iron Works Co. Ltd. - a manufacturer of marine equipment located in Hiroshima Prefecture, Japan.

The strategic alliance with Teramoto Iron Works will provide EMP access to a production base and testing center in Onomichi City, Hiroshima Prefecture - one of Japan’s most important shipbuilding areas. In addition, EMP will also benefit from being able to tap into the skills and experience of Teramoto Iron Works - a company that has been associated with the shipbuilding sector since 1934 and was involved in the production of innovative rigid sails in the mid 1980s.

This alliance between Teramoto Iron Works and EMP will initially lead to the production of the first precommercial EnergySail this year. After production, this device will be installed on a ship along with the EnergySail Automated Control System (ACS) and evaluated during sea trials.

The EnergySail ACS was recently displayed in Tokyo at Sea Japan 2014 and is being developed in co-operation with KEI System Ltd.

Commenting on the alliance, Yoshitaka Teramoto, President of Teramoto Iron Works said, “We look forward to working together with EMP in bringing the EnergySail and Aquarius MRE System to the shipping market. Both these technologies will also give Teramoto Iron Works the opportunity to demonstrate once again our skills and ability to deliver high quality products.”

Greg Atkinson, Director and CTO at EMP said, “This is a major step forward for EMP as our alliance with Teramoto Iron Works moves us from testing in the lab to a position where we can deliver, along with our strategic partners, our EnergySail technology. We are also extremely pleased to be working with a pioneering company that was involved in the early days of rigid sail production and that has a well established reputation for delivering high quality products”.

Teramoto Iron Works and EMP will also cooperate on various research and design (R&D) projects and work together to develop further variations of the EnergySail.

teramoto-iron.jp

ecomarinepower.com
 

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

People & Company News

Coast Guard Academy Cadet to Receive Fulbright Scholarship

Stephen Horvath, a first class cadet at the U.S. Coast Guard Academy, was recently granted a two-year Fulbright Scholarship to study renewable energy technologies

Ecochlor Presents BWTS Case Study at CMA

Ballast water treatment technology developer Ecochlor Inc. presented a project case study yesterday at CMA Shipping 2015 in Stamford, Conn. The case study covered

Golden Ocean and Knightsbridge Complete Merger

The merger between Knightsbridge Shipping Limited and Golden Ocean Group Limited was approved today at special meetings of both companies' shareholders.      The new company,

Technology

China Strengthens Maritime Ties with Pak

The Vice Chairman of China's Central Military Commission General Fan Changlong has pledged to deepen maritime security and military technology cooperation during

Ecochlor Presents BWTS Case Study at CMA

Ballast water treatment technology developer Ecochlor Inc. presented a project case study yesterday at CMA Shipping 2015 in Stamford, Conn. The case study covered

BMT’s REMBRANDT-INLAND Simulation Tool

Brown Water Training and Collision Reconstruction Taken to a New Level When a new or expanded port is planned on an inland waterway, how do you assure the civil

Shipbuilding

Yachting Malta PPP Sets Sail

Yatching Malta Ltd (YML) - a new public private partnership (PPP) between the government and the Royal Malta Yacht Club (RMYC) was formed with the aim of putting Malta on "the global yachting map".

China Cosco's Profit Up 54%

The Shanghai-and-Hong Kong-listed flagship unit of China Ocean Shipping Group, China Cosco Holdings Co Ltd says that its 2014 net profit went up 54 percent y/y at 362.

Cruise Giant Carnival to Expand its Fleet

The world's largest cruise ship company Miami-based Carnival Corp. has signed agreements with German and Italian ship builders to build nine new ships over a four-year period, starting in 2019.

News

Indonesia Partners with China on Maritime

Indonesian President Joko “Jokowi” Widodo and Chinese President Xi Jinping pledged increased maritime cooperation during the formers visit to China.   The joint

China Strengthens Maritime Ties with Pak

The Vice Chairman of China's Central Military Commission General Fan Changlong has pledged to deepen maritime security and military technology cooperation during

Cruise Giant Carnival to Expand its Fleet

The world's largest cruise ship company Miami-based Carnival Corp. has signed agreements with German and Italian ship builders to build nine new ships over a four-year period, starting in 2019.

Marine Equipment

China Strengthens Maritime Ties with Pak

The Vice Chairman of China's Central Military Commission General Fan Changlong has pledged to deepen maritime security and military technology cooperation during

Carnival to Add Nine Ships to Cruise Fleet

Carnival Corporation enters into strategic partnerships to add nine cruise ships to its fleet over a four-year period starting in 2019; shipbuilders Fincantieri

Ecochlor Presents BWTS Case Study at CMA

Ballast water treatment technology developer Ecochlor Inc. presented a project case study yesterday at CMA Shipping 2015 in Stamford, Conn. The case study covered

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Standards Naval Architecture Navigation Offshore Oil Ship Electronics Ship Repair Ship Simulators Shipbuilding / Vessel Construction
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: 0.5557 sec (2 req/sec)