• 2023 November 16 18:00

    After completing successful flight tests, Candela P-12 enters serial production in Stockholm

    Swedish tech company Candela Technology AB announced today that the Candela P-12, the world's first electric hydrofoiling passenger vessel, has successfully completed test flights in Stockholm. It is now progressing into serial production at Candela's Rotebro factory.


    First announced in concept form in June 2022, the P-12 employs computer-guided hydrofoils to elevate its hull above water friction. When foilborne at speeds over 18 knots, the Candela P-12 consumes 80% less energy than traditional high-speed vessels. This innovation addresses the primary challenges that have hindered the widespread adoption of electric, fast vessels to date: limited range and slow speeds due to the excessive energy consumption of conventional hulls.

    During its first flights, Candela P-12 confirmed its top speed of 30 knots, a record for electric passenger vessels. With a range of up to 50 nautical miles, it is also the first electric ship with the practical endurance to cover most coastal transport needs.

    Tests also confirmed the minimal wake, which opens up for exemptions from speed limits, as the P-12 will neither erode coastlines nor damage docks and moored ships, even at full speed.

    Maritime transport represents 3% of global CO2 emissions, a figure projected to grow to 13% in the coming decades if no action is taken. High hopes are therefore placed on electric vessels, with the market for electric ships estimated to hit US$ 31.48 billion by 3034.

    Still, electric vessel adoption today is extremely low, even on urban and coastal waterways, due to their high cost and limited performance.

    Candela is committed to accelerating the shift towards a fossil fuel-free maritime future. Besides its game-changing range and speed, the P-12 is engineered to offer similar or lower initial investment costs for operators while boosting profits compared to traditional Internal Combustion Engine (ICE) vessels.

    Priced at €1.7 million, the 30-seat Shuttle variant of the P-12 matches the cost of similar-sized ICE vessels and is priced significantly lower than other electric options. This is possible thanks to its hydrofoil efficiency, which enables an extended range from a modest 252 kWh battery. Combined with a streamlined serial production, this leads to industry-low overall unit costs.

    Once in service, operators can expect reduced 'fuel' costs by up to 90% compared to diesel vessels. The C-POD motors require minimal servicing, and the vessel is designed for single crew operation, which further slashes costs.

    The P-12 is a versatile platform designed to accommodate an array of use cases and clients, from public transport to bespoke private shuttles.

    It is available in three variants: the P-12 Shuttle, P-12 Business, and P-12 Voyager.

    The Shuttle configuration seats 30 passengers and sets the benchmark for sustainable commuting with the lowest operational costs in the industry. Allocated space for bicycles (along with strollers and wheelchairs) encourages the integration of cycling with public transport.

    The Business version features a premium interior with seating for 12 to 20 passengers (and plenty of suitcases), and the highly adaptable Voyager version offers customers flexibility in interior design, catering to both private leisure and commercial clients.

    In a pilot, the Candela P-12 Shuttle is set to join Stockholm's public transport network in 2024, reducing the Ekerö suburb-city center commute from 55 to 25 minutes, surpassing cars, buses, and current diesel ferries in speed. This is possible by obtaining an exemption from the city center's speed limits, thanks to the vessel's minimal wake.

    In Stockholm, as in many waterfront cities, waterborne traffic has been dwindling as buses and cars provide quicker and more affordable transport. The P-12 aims to reverse this trend.

    Candela P-12 Specs

    Length: 11.99 meters
    Beam: 4.5 meters
    Payload: up to 30 passengers
    Battery: 252 kWh
    Motors: 2 x Candela C-POD MAX, 340 kW total peak power
    Charging: 175 kW DC charging, overnight AC charging
    Top Speed: 30 knots
    Service Speed: 25 knots
    Range: 40 to 50 nautical miles at 25 knots depending on version and load


2024 August 14

18:07 CMA CGM announces christening of LNG-powered vessel CMA CGM BIG SUR
17:31 NEOT extends charter contracts for Terntank’s vessels
17:06 Iverson eFuels signs a partnership agreement with Port of Stavanger, ASCO Norge, and St1 to transform Risavika into a hub for green ammonia
16:57 China’s Hengli Group said to plan Hong Kong IPO of shipbuilding unit
16:24 India’s largest shipyard set to re-start operations after surviving bankruptcy
15:56 Total number of bunkering and ship-to-ship calls to Indian ports increases by 64% the first seven months of 2024
15:25 HMM publishes its latest second revision in 2024 Prohibited & Restricted Dangerous Goods Cargo List
14:46 CNOOC delivers large oil-gas platform to Marjan
14:31 STAX Engineering secures industry-first five year deal for emissions capture and control for tankers within Port of Los Angeles
13:55 Monjasa completes first biofuel blend delivery in Singapore
12:52 MPA and GCNS collaborate with maritime industry to strengthen capacity in carbon accounting and management
12:15 Port of Los Angeles container volume increases 37% to 827,757 TEU in July 2024
11:41 St. Vincent and the Grenadines Port Authority extends capacity with Konecranes Gottwald Generation 6 Mobile Harbor Crane
11:07 Rolls-Royce awarded Mission Bay Handling System contract for Type 26 frigates
10:51 Hapag-Lloyd's transport volumes up by 5 percent in H1 2024
10:28 HHLA's container throughput increases by 2.2 percent to 2,94 mln TEU in H1 2024

2024 August 13

18:02 Honeywell and Repsol partner on renewable fuel development
17:28 Global spending on the subsea market segment to exceed $42 billion from 2024 to 2027 - Rystad Energy
16:53 Two ships report blasts in the Red Sea off Yemen, British maritime agencies say
16:23 Indian major port workers planning for a nation-wide strike in support of new wage settlement
15:56 Intermarine delivers the new high-speed ferry to SNAV
15:39 Wan Hai Lines orders methanol dual-fuel boxship fleet
11:52 Turkey's Yilport to invest $1.6 billion in El Salvador ports
11:21 WinGD and CMA CGM collaborate on trial of first VCR technology
10:41 Samsung Heavy Industries to invest up to $13.1 million to build manufacturing facilities for tanks in Rongcheng, China
10:08 MSC ship carried drones in containers instead of wind turbine parts
09:41 TotalEnergies Marine Fuels supplies its first B100 biofuel bunker in Singapore

2024 August 12

18:00 Mitsubishi Heavy Industries and Taiwan Fertilizer sign MoU for joint study on developing fuel ammonia value chain in Taiwan
17:28 Echandia selected to provide maritime battery systems for San Francisco Bay Ferry’s Rapid Electric Emission Free Ferry Program
16:45 Turkiye, Abu Dhabi continue talks on joint venture for Izmir Port
16:12 China admits Hong Kong-flagged ship destroyed key Baltic gas pipeline ‘by accident’
15:58 Explosion and fire on MSC container ship at Colombo Port
15:39 Leading group of seven major operators accounted for over 40% of global port handling in 2023 - Drewry
13:52 Egypt-based Canal Shipping Agencies’ net profits hike 87% YoY in FY 2023/24
13:22 Saudi Arabia’s King Abdulaziz Port enhances connectivity with new shipping service
12:38 Seaspan has ordered 27 container vessels in June only
12:12 Hanwha Ocean's bid to buy Austal faces criticism in Australia
11:58 HD Hyundai Marine wins $30 mn LNG-FSU conversion deal
10:23 VTTI completes acquisition of 50% of Dragon LNG
09:47 PSA acquire an 85% majority stake in Polish intermodal operator

2024 August 9

18:00 U.S. container ports face record cargo surge ahead of possible port strike
17:34 Navigator Gas and Attis Clean Energy invest in Ten08 Energy to produce clean ammonia on the US Gulf Coast for export
17:06 Busan Port successfully completes first simultaneous LNG bunkering and unloading in Korea
16:43 Den Breejen Shipyard to buid two new river cruise ships for Transcend Cruises
16:27 King Abdulaziz Port sets record with 20,645 containers handled on single ship
15:57 UKMTO reports of rocket, sea drone attack on a ship in Yemen
15:39 Saudi ports report 15.72% growth in container handling for July
14:50 JOGMEC invests USD 36 million in HIF Global e-Fuels portfolio
14:24 MSC returns to Zhoushan Changhong for 12 dual-fuel container ships
13:51 HD Hyundai Mipo to build Korea’s first LCO₂ carrier
13:31 MSC Cruises to reduce fleetwide emissions by up to 15 percent with new itinerary planning optimization tool
12:51 Port of Aberdeen starts construction of Scotland’s largest commercial shore power system
12:01 Major Chinese port reports blast on cargo ship, CCTV says
11:41 Dorian LPG posts revenue of $114.4 million
11:10 EDECS awarded new containers terminal project at Ain Sokhna Port
10:45 Kongsberg Maritime secures contract from Tarntank for its next wind-assisted chemical tanker
10:00 New International Land-Sea Trade Corridor connects 523 ports worldwide
09:39 China exports $20.5 billion worth of newbuilds in H1

2024 August 8

18:00 Shanghai port adds capacity with new automated terminal
17:32 Bahri and Ma'aden sign strategic LOI to explore collaboration opportunities
17:17 50 cm tsunami hits Miyazaki Port after 7.1-magnitude earthquake jolts southwest Japan
16:46 Maersk to hold naming ceremony for third large methanol-fuelled boxship
16:38 Ocean Network Express and Universal Shipping launch a joint venture company Ocean Network Express Morocco
15:56 Saipem receives from RINA two certifications for the methodology of qualification of the performances of subsea hydrogen pipelines
15:25 GFI LNG and Pilot LNG form joint venture to develop Salina Cruz LNG
14:55 Brunvoll signs a contract with Tersan Shipyard for the delivery of propulsion and manoeuvring systems for two chemical product tankers
14:38 Gasum powers Equinor's platform supply vessel with bio-LNG
12:58 Swire Shipping completes sustainable biofuel trial on Transpacific service together with Chimbusco Pan Nation and the Hafnia Bunker Alliance
12:20 APM Terminals Pipavav consolidated net profit rises 62% to INR 1,096.75 million in Q1 FY24-25
11:42 Panama Canal increases maximum allowable draft to 49 feet