openPR Logo
Press release

Teramoto Iron Works and Eco Marine Power form Strategic Alliance

05-15-2014 06:19 PM CET | Energy & Environment

Press release from: Eco Marine Power

Mr. Teramoto, President, Teramoto Iron Works.

Mr. Teramoto, President, Teramoto Iron Works.

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

Fukuoka, Japan - 12th May 2014 - Eco Marine Power (EMP) announced today 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 centre 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 1980's.

This alliance between Teramoto Iron Works and EMP will initially lead to the production of the first pre-commercial 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, Mr. 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 co-operate on various research & design (R&D) projects and work together to develop further variations of the EnergySail.

Aquarius MRE System & EnergySail are trademarks of Eco Marine Power Co. Ltd.

About Teramoto Iron Works

Teramoto Iron Works Co. Ltd. has been committed to the manufacture of crane components and lifting gear since its establishment in 1934 in Onomichi, one of the last remnants of old Setouchi. Based on the accumulation of technology and expertise, Teramoto Iron Works is able to maintain a justified pride in its ability to respond to the full range of customer requirements.

Teramoto Iron Works is able to deliver JIS-type pulley production and products such as marine cargo handling fitting blocks and hoisting attachments, derrick rigs, derrick crane posts, and working barge equipment.

To read more about Teramoto Iron Works please visit: http://www.teramoto-iron.jp/english

About Eco Marine Power

Eco Marine Power Co. Ltd. (EMP) is an internationally focused technology company that develops fuel saving and emission reduction systems for ships including passenger ferries, survey ships, oil tankers and cargo vessels. These technologies include the EnergySail, Aquarius MRE System and Aquarius Management & Automation System (MAS).

EMP also develops sustainable ship concepts that incorporate the latest renewable energy technologies and is currently working on a number of design projects including Aquarius Eco Ship and Medaka eco-commuter ferry. The company is based in Fukuoka, Japan.

To read more about Eco Marine Power please visit: www.ecomarinepower.com

Greg Atkinson

Director & Chief Technology Officer

Eco Marine Power

Aqua Hakata 5th Floor, 5-3-8, Nakasu,
Hakata-ku, Fukuoka, 810-0801. Japan.

Phone:+81 92 287 9677 Fax: +81 92 287 9501

E-mail: greg.atkinson@ecomarinepower.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Teramoto Iron Works and Eco Marine Power form Strategic Alliance here

News-ID: 287625 • Views: 1971

More Releases from Eco Marine Power

Eco Marine Power and F-WAVE to Develop Ship Integrated Photovoltaic (SIPV) Solut …
Use of flexible & robust photovoltaic (PV) panel technology will allow innovative solar power solutions to be developed for shipping and maritime applications. Fukuoka, Japan – 17th May 2021 – As part of its ongoing rollout of zero emission power and propulsion solutions for shipping, Eco Marine Power Co., Ltd. (EMP) announced today that it has begun to cooperate with F-WAVE Company Limited (F-WAVE) to jointly develop innovative Ship Integrated Photovoltaic
Eco Marine Power to utilise new KEI-64S Marine Computer for System Platforms
Use of new high performance class-approved computer system will enable new features to be included into various zero emission solutions for ship & offshore applications. Fukuoka, Japan – 21st January 2021 - As part of its ongoing product development program Eco Marine Power Co., Ltd. (EMP) announced today that it will incorporate the KEI-64S marine computer system into its zero emission solutions for shipping and offshore applications plus utilise the system
Furukawa Battery and Eco Marine Power Launch Ship Battery Replacement and Manage …
Use of high performance class-approved batteries can reduce replacement costs & improve safety. Fukuoka, Japan - 18th August 2020 – As a result of studies into the use of emergency and back-up batteries on ships, The Furukawa Battery Co., Ltd. (Furukawa Battery) and Eco Marine Power Co., Ltd. (EMP) announced today that they have launched a service to help ship owners reduce battery replacement costs. This service known as the Ship
Eco Marine Power Commences Feasibility Study to Install Aquarius MRE on Tanker
Zero emission power and propulsion system for ships being prepared for installation. Fukuoka, Japan - 30th April 2020 - In another major step towards commercializing its Aquarius Marine Renewable Energy (Aquarius MRE) solution, Eco Marine Power (EMP) announced today that it had commenced a feasibility study regarding the installation of the solution onto a LR2 Tanker. The study is being undertaken in co-operation with the ship owner and will investigate how

All 5 Releases


More Releases for Teramoto

Eco Marine Power Commences Feasibility Study to Install Aquarius MRE on Tanker
Zero emission power and propulsion system for ships being prepared for installation. Fukuoka, Japan - 30th April 2020 - In another major step towards commercializing its Aquarius Marine Renewable Energy (Aquarius MRE) solution, Eco Marine Power (EMP) announced today that it had commenced a feasibility study regarding the installation of the solution onto a LR2 Tanker. The study is being undertaken in co-operation with the ship owner and will investigate how
Eco Marine Power Establishes Research Institute
Institute based in Japan will link together ship and marine related research projects & research locations The Eco Marine Power (EMP) Research Institute will co-ordinate research project and research locations so that knowledge and resources can be shared. The institute will also conduct research with other companies working with renewable energy and green shipping related technologies. Companies currently associated with the EMP Research Institute include The Furukawa Battery Company, Teramoto
World-first Installation of Class-Approved UltraBattery Onboard Ship
UltraBattery battery pack to be used for ship solar power system on large general cargo ship. Fukuoka, Japan – 19th December 2018 – As part of a joint project with Masterbulk Pte. Ltd. (Masterbulk), Eco Marine Power (EMP) is pleased to announce that an UltraBattery® (UB) battery pack manufactured by the Furukawa Battery Company (Furukawa Battery) has been installed on the large general cargo ship – MV Panamana. This battery pack
Eco Marine Power Announces Launch of Hybrid Battery Packs
UB-50-12 battery packs with proven hybrid technology ready for use on ships & offshore platforms. Fukuoka, Japan – 29th June 2018 – In co-operation with its strategic partners Furukawa Battery and Teramoto Iron Works, Eco Marine Power (EMP) has today announced the release of two UB-50-12 hybrid battery packs for ship, offshore and land-based renewable energy projects. These safe, reliable and recyclable battery packs will be available in 2.4kWh and 3.6kWh
Star Bulk and Eco Marine Power Commence Renewable Energy Study
Joint study focused on feasibility of installing technologies associated with Aquarius MRE onto existing and new ships Fukuoka, Japan – 21st March 2018 – As part of its continued focus on bringing renewable energy solutions to shipping, Eco Marine Power (EMP) announced today that it has signed a Memorandum of Understanding (MOU) with Star Bulk S.A. (Star Bulk) covering a joint study project focused on the feasibility of using EMP’s technologies
Eco Marine Power and Teramoto Iron Works Sign Patent License Agreement
In another major step towards bringing rigid sails onto powered ships, Eco Marine Power (EMP) announced today that it has signed a patent license agreement with Teramoto Iron Works Ltd concerning patents related to EMP’s EnergySail® and Aquarius MRE® technologies. Teramoto Iron Works is one of the few companies in the world that has experience in the production of rigid sails and was involved in the manufacture of JAMDA sails in