AET & Fleetzero sign agreement to develop world’s longest-range Hybrid Electric Vessel

AET, a leading global owner and operator of maritime transportation assets and specialised services, and Fleetzero, a developer and manufacturer of modular marine batteries for hybrid and electric ships, have recently signed an agreement for the development of the world’s longest-range plug-in hybrid-electric vessel.
The signing ceremony took place at the AET Offshore office in Galveston, Texas, with representatives from both companies present. The agreement was signed by Capt. Ron Wood, AET’s Global Director, Commercial, and Mr Steven Henderson, Fleetzero’s CEO.
Under the agreement, one of AET’s Lightering Support Vessels (LSV)1 will be retrofitted with a plug-in hybrid-electric system. The vessel will operate primarily on battery power, reducing greenhouse gas emissions by ~82% when compared to conventional LSVs2 on a tank-to-wake3 basis. This is estimated to avoid 1,220 tonnes of greenhouse gases per year, significantly reducing fuel consumption and maintenance costs2, while maintaining high safety standards.
“This partnership marks a pivotal step in our decarbonisation journey and energy transition strategy. We are proud to partner Fleetzero in developing the world’s largest plug-in hybrid-electric LSV, reinforcing our commitment to innovative and sustainable solutions in the maritime industry,” said Mr Zahid Osman, President & Group CEO of MISC Group. “By integrating plug-in hybrid electric solutions into our fleet, we are transforming ambition into action to deliver more energy with less emissions. This pilot project also allows us to evaluate the feasibility and operational performance of this technology, paving the way for potential deployment across AET’s and potentially MISC’s fleet.”
Mr Steven Henderson, Co-Founder & CEO of Fleetzero said: “We are so excited about this project because it promises to advance marine electrification in a commercially viable way, and the impact is immense – drastically reducing emissions from the vessel operations. Many of us at Fleetzero have served at sea as mariners, and we designed our technology to enhance mariner safety and ease of operations, not only to improve emissions and efficiency. Fleetzero’s technology is built by mariners for mariners.”
This collaboration underscores AET’s dedication to advancing sustainable maritime transportation, driving innovation, and reaffirming commitment to environmental stewardship, in alignment with the industry’s broader decarbonisation efforts.
Source: AET
Related News.
October 16, 2026
Navigating the Multi-Orbit Era: In Conversation with Intellian’s Jon Harrison at SMM 2026
At SMM 2026 in Hamburg, the rapid evolution of maritime satellite communications took centre stage. Across the exhibition halls, discussions among…
October 16, 2026
Cyprus ports need joint energy and investment strategy, shipping agents chief says
Cyprus needs a coordinated strategy for shipping, energy and environmental protection to support port investment and modernisation, Cyprus shipping…
October 16, 2026
MASO Public Affairs introduces MASO Regulatory Intelligence
A new subscription service helping businesses understand what is changing and what it means for them MASO Public Affairs introduces MASO Regulatory…
October 16, 2026
Anglo-Eastern helps turn CMBTECH’s ammonia ambition into an operational reality
From early feasibility study and risk-based design to newbuilding supervision, crew readiness and technical management, Anglo-Eastern drew on its…
October 16, 2026
Escalation of attacks threatens to derail recovery in Middle East oil exports
World oil demand is forecast to fall by 2.5 mb/d y-o-y in 4Q26 and 2.6 mb/d on average in 2026. As the Iran war manifests itself through restricted…
October 16, 2026
New study finds shipping pays twice its share to EU ETS earmarked revenues should triple to help build market for sustainable fuels and technologies
Shipping is responsible for around 10% of EU ETS emissions but pays almost 20% of the ETS bill. Unlike other sectors, it has never received free…
October 16, 2026
MSARC strengthens maritime mass rescue readiness through training and national live exercise off Dakar, Senegal
Joint MSARC–FHAS programme combines three days of SAR training with a national multi-agency live exercise The Maritime Search and Rescue Council ,…
October 16, 2026
Sogese report deliveries are still being delayed as container freight rates fluctuate
FOR IMPORTERS Spot rates into the Mediterranean are back at January levels, Far East to Europe reliability sits at pandemic lows, and nearly…
October 16, 2026
Glencore begins trading on Australian Securities Exchange
Glencore has begun trading on the Australian Securities Exchange under the ASX code GLC. Gary Nagle, Glencore’s CEO, said it was an exciting day for…
October 16, 2026
BIMCO Shipping Number of the Week
Suez Canal container ship transits exceed 50% of pre-disruption levels "During the first two weeks of October, weekly container ship capacity…
Subscribe to our newsletter!
if you dont want to swim alone in the ocean of news, sign up for the newsletter, and you will receive daily all the important news of world shipping!
Design & Development by P.KAN.DESIGNER
© 2026 Cyprus Shipping News. All rights reserved
Design & Development by P.KAN.DESIGNER
© 2026 Cyprus Shipping News. All rights reserved























