Caverton Marine And ExploMar Announce Partnership To Electrify Lagos Ferries

Caverton Marine And ExploMar Announce Partnership To Electrify Lagos Ferries

Caverton Marine Limited, a leading provider of marine logistics services in Nigeria, has announced a strategic partnership with China’s ExploMar (Suzhou) Energy Technology Co. Ltd. This collaboration marks a significant advance in sustainable transportation, as Caverton Marine integrates ExploMar’s electric outboard engines into its newly launched passenger ferries, known as OMIBUS…….. CONTINUE READING

Built in Lagos, the OMIBUS ferries were recently commissioned by the Lagos State government and are poised to transform local water transportation. The integration of ExploMar’s advanced electric propulsion systems will not only boost the operational efficiency of these ferries but also help reduce carbon emissions and environmental impact.

Two weeks ago, Caverton Marine and the Lagos State government initiated a pilot program for the OMIBUS to evaluate operational costs. This pilot highlighted the significant effect of fuel subsidy removal on operating expenses and ticket prices, emphasizing the need for more affordable and cleaner propulsion alternatives.

This partnership highlights a commitment to sustainable innovation. ExploMar’s electric outboard engines, known for their high performance and reliability, will make the ferries quieter, more efficient, and environmentally friendly compared to traditional fossil fuel engines.

Bode Makanjuola, CEO of Group Caverton Offshore Support Group, remarked, “This agreement with ExploMar represents a major step towards sustainable maritime operations. By adopting ExploMar’s technology, we’re setting new benchmarks for passenger ferry services in Nigeria and advancing our commitment to a greener future. This initiative supports environmental goals and aligns with Caverton Marine’s mission to foster local industries.”

ExploMar’s CEO, Alex Dong, expressed enthusiasm about the collaboration, stating, “We are excited to partner with Caverton Marine on this innovative project. The ferries equipped with our electric outboard systems will set a precedent for sustainable marine transport in Nigeria and beyond. This partnership is a testament to our proactive approach in delivering cost-effective, high-performance solutions that benefit both the environment and passenger experience.”

Caverton Marine, a subsidiary of Caverton Offshore Support Group, has been a prominent player in marine logistics since 1999, serving oil and gas companies across Nigeria and Sub-Saharan Africa with a focus on innovation and quality.

**About ExploMar (Suzhou) Energy Technology Co. Ltd.:** Founded in 2021, ExploMar is a pioneering company in water mobility electrification. The company specializes in developing powerful, eco-friendly powertrain systems that offer an exciting and intelligent experience on the water.

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