World News
Marine Battery Maker Signs Deal to Install System on Hybrid Electric Newbuild
Canada-based Corvus Energy (Corvus) has signed a deal to install its Energy Storage System (ESS) aboard Germany-based Siemens AS and Norway-based Ostensjo Rederi's new hybrid electric multi-purpose supply vessel, Corvus announced.
Corvus said that its ESS, which uses lithium polymer battery modules, would be installed aboard the Edda Freya.
The project is the second deal between the three companies.
In 2014, Corvus also supplied an ESS for the hybrid platform supply vessel Edda Ferd, which was also equipped with Siemens's electric propulsion system.
The combined technology aboard the ship reportedly produces between 20 and 25 percent fuel savings compared to similar vessels.
"Balancing environmental protection and profit is not an easy task in the North Sea," said Andrew Morden, CEO of Corvus.
"We are proud to supply an ESS to the vessel that can meet the operational rigors of offshore service."
Late last year, the company tested the ESS in trials aboard the Norled A/S in Norway.
Key Bunker Prices More
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Singapore | 647.00 | 8.50 | 779.00 | 29.50 |
| Rotterdam | 608.00 | 11.00 | 764.50 | 24.50 |
| Houston | 636.50 | 8.00 | 807.50 | 5.00 |
| Fujairah | 649.50 | 4.00 | 888.50 | 11.50 |
| Global 20 Ports Average | 665.50 | 6.50 | 870.50 | 14.50 |
| Global 4 Ports Average | 635.50 | 3.50 | 810.00 | 17.50 |
| Global Average Bunker Price | 725.00 | 2.50 | 925.50 | 8.00 |
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