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Any boat or ship with an electric drive system as its principal propulsion method is referred to as an “electric boat.”
From tugboats, ferries, cargo ships, and barges to tour boats, fishing trawlers, cruise yachts, and autonomous underwater vehicles, it can be an all-battery electric, hydrogen fuel cell electric, or electric hybrid boat or ship.
Unlike traditional diesel-powered ships, electric ships are propelled by electricity. The electric motors on these ships are propelled by a battery storage system.
An electric ship can employ a variety of batteries, including fuel cells, lead-acid batteries, and lithium-ion batteries. Ferries and smaller passenger vessels on interior waterways represent the majority of electric ships.
With an 80 km range on a single charge, they can only go short distances. Additionally, light-weight ships that just need a little amount of electricity are also fueled by solar energy.
Cargo ships use a hybrid diesel-electric system because their large weight prevents a fully electric system from providing the power they need.
The Global electric cruise ship market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.
With Orange Marine, Global Mercy, and Oceano, ABB secured three contracts to deploy their newly created Azipod Electric Propulsion System.
Wartsila and SAACKE, a global supplier of marine fire plants for seagoing vessels, offshore plants, and LNG tankers with headquarters in Germany, signed a strategic cooperation agreement.
Norwegian Electric Systems (Norway) awarded Corvus Energy a contract to supply the hybrid ship with the largest battery package in the maritime industry.
To develop an autonomous electric container ship with the name Yara Birkland, Varda was given a contract by Yara. 29 million USD is the contract’s worth.