Corvus Energy Wins Contract to Supply Energy Storage for First Hybrid Chemical Tanker

Corvus Energy Inc. is pleased to announce that it has been selected as the supplier of the lithium ion based energy storage system (ESS) for a new hybrid chemical tanker being built for Rederiet Stenersen AS of Norway. The chemical tanker will be the first vessel of its kind to utilize an ESS for propulsion. Corvus Energy will supply its next generation Orca Energy ESS solution to integrate with WE Tech Solutions' propulsion system, which will deliver industry leading environmental performance for this new vessel. Orca Energy is part of the Orca ESS product line from Corvus Energy which is specifically designed for maritime applications.

Specifically, the Orca ESS solution will be integrated with WE Tech's Direct Drive Permanent Magnet Shaft Generator solution into the 17,500 DWT IMO class II chemical tanker. This vessel is the first of 2 on order by Stenersen. The delivery from WE Tech to the first vessel is scheduled for Q2 of 2017. "Corvus Energy's industry leadership and experience made our selection of Orca a very straightforward decision", said Niklas Jakobsson Project Manager at WE Tech. "The innovations Corvus has achieved on cost, safety and performance have created an extremely compelling energy storage solution."  

Rederiet Stenersen AS operates a fleet of 16 purpose built chemical/product carriers ranging from 13-19,000 DWT. All vessels are deployed in North West European Trade and equipped to the highest standards in order to meet the customers' requirements and the harsh conditions in Northern Europe. Utilizing Corvus Energy's Orca ESS solution for the hybrid power and propulsion systems will allow for running fewer diesel generators for certain operations - improving efficiency, reducing the exhaust emissions and lowering noise levels, making it the most environmentally friendly chemical tanker ship in the Rederiet Stenersen fleet. "The Orca Energy ESS from Corvus was an attractive solution for our new ships", said John Stenersen, Director, Ship Management at Rederiet Stenersen AS. "By combining industry leading safety, performance and economic feasibility, the Orca ESS aligns with our mission to provide our customers with safe, reliable & cost efficient tanker transportation while meeting the highest quality, safety and environmental standards."

"This latest order from WE Tech Solutions shows the viability of energy storage for the hybridization of longer-haul vessels", said Halvard Hauso, SVP Business Development of Corvus Energy based in Bergen Norway. "As the cost of lithium ion batteries continues to improve we will see more and more applications beyond the traditional ferry and tug base."

Corvus Energy | www.corvusenergy.com