Rotterdam Port Fund bets on batteries

Rotterdam Port Fund bets on batteries

Investor Rotterdam Port Fund has taken an interest in EST‐Floattech, a Dutch technology company that develops and supplies energy storage systems for fully electric and hybrid maritime applications as well as mobile land‐based applications.

EST‐Floattech’s battery systems are based on the Li‐NMC cell technology and have won DNV‐GL type approval.

“The (partial) electrification of drive systems plays an important role in the transition from fossil fuels to sustainable alternatives. Energy storage systems are an essential component in this,” the port fund stated in a release.

EST‐Floattech’s battery systems are already being used, for example in the new electric multipurpose vessels of Rijkswaterstaat, but also in electrically driven excavators.

EST‐Floattech was founded in 2009 and has been part of Ponooc, an investment fund affiliated with the Dutch family group Pon Groep, for the past four years.

“The participation of the Rotterdam Port Fund primarily gives us access to a great port-related network,” said CEO Trond Skaufel. “Our energy storage systems cannot only be used for ships, but also, for example, in port cranes and trucks. The environmental benefits are of great importance, particularly in urban areas near ports. Currently, we are also looking at the storage and reuse of energy that is released during the activities of cranes, for instance. We also follow the developments in the area of shore power. In terms of technology, we are complementary to some companies within the network of the Rotterdam Port Fund.”

“Battery systems will make a substantial contribution to the energy transition in the maritime sector,” said Bastiaan van der Knaap from the Rotterdam Port Fund

The Rotterdam Port Fund is an independent investment fund that seeks to invest in innovative companies engaged in port‐related activities with attractive market prospects. The fund is an initiative of the Port of Rotterdam Authority, NIBC Bank, InnovationQuarter, Koninklijke Doeksen and the Rotterdam entrepreneurs Peter Goedvolk and Luc Braams.

Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.

Related Posts