New Shanghai owner plans to build 18 electric-powered bulkers

New Shanghai owner plans to build 18 electric-powered bulkers

EVE Energy, a Chinese lithium battery producer, has entered into a framework agreement with Shanghai Hansun Shipping to jointly develop a fleet of electric-powered bulk carriers.

Under the agreement, Shanghai Hansun Shipping plans to develop a fleet of eighteen 5,400 dwt  bulkers and EVE Energy will provide the electric propulsion system for the vessels. They will be deployed for domestic river-to-ocean shipping services.

The framework agreement has a valid period of three years and options to extend it for another three years. Further details of the agreement were not disclosed.

Shenzhen-listed EVE Energy is the largest provider of primary lithium cells in China and the company has already supplied electric propulsion systems for over 100 small river ferries.

According to company registration information, Shanghai Hansun Shipping is a brand new company registered in May.

Jason Jiang

Jason is one of the most prolific writers on the diverse China shipping & logistics industry and his access to the major maritime players with business in China has proved an invaluable source of exclusives. Having been working at Asia Shipping Media since inception, Jason is the chief correspondent of Splash and associate editor of Maritime CEO magazine. Previously he had written for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week.

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