TBA GroupBühler GmbHPort of South LouisianaCoaltrans Asia 2021Cleveland Cascades LtdVigan
  • Vigan
  • Van Aalst
  • TBA Group
  • Coaltrans Asia 2021
  • Sailors Society
  • Port of South Louisiana

‘e5 Consortium’ to promote zero emissions

(Posted on 22/05/20)

Seven companies - Asahi Tanker Co., Ltd., Idemitsu Kosan Co., Ltd., Exeno Yamamizu Corporation, Mitsui O.S.K. Lines, Ltd., Tokio Marine & Nichido Fire Insurance Co., Ltd., Tokyo Electric Power Company, and Mitsubishi Corporation - have announced establishment of the “e5 Consortium,” with the goal of establishing new ocean shipping infrastructure services through various initiatives to develop, realize, and commercialize zero-emission electric vessels.

‘e5’ is a provider of safe, reliable, and high-quality transport service, based on the realization of five core values: “electrification,” “environment,” “evolution,” “efficiency,” and “economics.”  

Coastal shipping in Japan faces structural issues such as a shortage of mariners due to the aging of the seagoing workforce, not to mention the aging of the vessels. In addition, the ocean shipping industry has urged the coastal shipping industry to reduce emissions of greenhouse gases (GHGs) as one of Japan’s measures to address climate change. The seven e5 Consortium corporate members are focusing their attention on fulfilling the potential of electric vessels to solve these urgent issues. The consortium aims to establish a platform that offers innovative ocean shipping infrastructure services based on electric vessels bringing to bear the strength, technological know-how, networks, and other advantages of each member company.

As the first phrase of the project, the consortium plans to launch the world’s first zero-emission electric tanker, powered by large-capacity lithium ion batteries, in March 2022 (Note 1). e5 Lab. Inc. will serve as the executive office of the e5 Consortium. (Note 2)

The e5 Consortium will promote the sustainable growth of coastal shipping in Japan and contribute to the nation’s social and economic development by providing added value to the coastal shipping industry through the development and introduction of advanced vessels.

Latest News

Norden capitalises on rising dry cargo asset values

(Posted on 13/10/21)

NORDEN’s Asset Management division, which handles buying, selling and leasing of dry cargo and... Read more


Dualog Drive data integrates with Microsoft SharePoint

(Posted on 13/10/21)

Leading maritime software provider Dualog is delighted to announce a further leap towards the integrated... Read more


Cadets miss out on sea time due to pandemic restrictions

(Posted on 11/10/21)

Restrictions on crew change and repatriations are impacting cadets at a time when the shipping industry... Read more


Covid drives demand for crew-change specialists

(Posted on 11/10/21)

Crew change specialists are in big demand from shipping companies struggling to get seafarers on or... Read more


World owes debt of gratitude to Ship Masters says Danica

(Posted on 04/10/21)

As the international maritime community celebrated World Maritime Day last week and considerd how seafarers... Read more


Promote diversity to attract fresh talent to shipping

(Posted on 04/10/21)

Promoting diversity in shipping will help make the industry more appealing to young adults and adolescents... Read more


ESL subsidiary orders six hybrid vessels

(Posted on 29/09/21)

ESL Shipping’s Swedish subsidiary AtoB@C Shipping AB has ordered a series of six new, highly energy... Read more


InterManager President calls for ‘one voice’ for shipping

(Posted on 29/09/21)

Shipping needs “one voice” to represent it globally and enable the maritime community to... Read more


Synergy appoints Ackermann as CCO

(Posted on 29/09/21)

Synergy Group, one of the world’s leading ship managers, has appointed Mr Martin Ackermann as... Read more


Nippon Paint sees Turkish drydocking spike amid Asia concerns

(Posted on 21/09/21)

Nippon Paint Marine has registered a significant spike in Turkish drydockings as operators of small-... Read more


CimbriaPort of StocktonVan AalstTMS Awards 2021The Wolfson Centre for Bulk Solids Handling Technology TOC Events
  • Cleveland Cascades Ltd
  • The Wolfson Centre for Bulk Solids Handling Technology
  • Cimbria
  • TMS Awards 2021
  • Port of Stockton

Subscribe to our newsletter

Keep up to date with the latest global news in bulk cargo handling and shipping