GLOBAL FLYING ELECTRIC FERRY MARKET

INTRODUCTION

Electric ferries resemble electric cars in many ways. Although it initially costs a little more, it eventually pays for itself through lower fuel and maintenance costs. Additional benefits include less carbon emissions.

The automation and integration of newly constructed ships as well as the retrofitting of older ships with hybrid and electric propulsion are priorities for shipbuilders and operators. This is done in order to follow the IMO 2020 requirement.

The existing sulphur content limit is 3.50 percent, so this rule requires ship operators to utilise fuels with a sulphur concentration no higher than 0.50 percent.

GLOBAL FLYING ELECTRIC FERRY MARKET DEVELOPMENTS AND INNOVATIONS

COMPETITIVE LANDSCAPE

Nowadays, hydrocarbons comprising fossil sources, such as petroleum and natural gas products, make up the majority of maritime fuels.

The need for electric ships will be driven by the expansion of operations in the commercial maritime sector across numerous nations located in various regions, together with an increase in the demand for commercial vessels.

With nations like the US, China, Norway, Greece, and others investing extensively in operations related to the commercial electric industry, commercial vessels are emerging as a crucial component of the electric ship industry.

Candela is a leading mobiliser of the equipment in the market. The latest integration has been the P-12, which is a hydro foiling electronic ferry that cruises the water at 30 mph.

In comparison to the current modes of transportation—cars, buses, and trains—during the experiment, it will be ferrying people between the Stockholm suburb of Ekerö and the city centre and is expected to cut down on emissions and speed up commute times.

Its technology allows for a range of 50 nautical miles at service speed while reducing energy per passenger kilometre by 95% in comparison to current vessels.

Regent is part of the component manufacture trending companies in the current industry. The firm to transport people to various coastal cities is creating the electric airborne transport called the Seaglider.

In addition, the vehicle will go six times faster than a ferry thanks to its 180 mph top speed and 180-mile range.

According to its creator, the aerodynamic flying ferry will also have double the range of propulsion systems of same size. The Seaglider, however, is able to use docks that already exist, unlike other electric modes of transportation that depend on the quick development of new facilities.

COMPANIES PROFILED

• Candela
• Regent Systems
• Ellen Systems
• CAPTN
• Ballard Systems
• Artemis Technologies