Shift’s technology will significantly reduce the vessel’s carbon footprint.

December 6, 2022 (Vancouver/ Unceded Territories of the Musqueam, Squamish, and Tsleil-Waututh Nations) – Shift Clean Energy (Shift) announced today that they have partnered with Terasaki Electric Co. (F.E) Pte Ltd (Terasaki) to utilize Shift’s proprietary Energy Storage System (ESS) to electrify a transport crew vessel for Fast Offshore Supply Pte Ltd (Fast Offshore). This project is a part of Fast Offshore’s “Green Initiative and Sustainability Program” and is designed to cut emissions and reduce fuel consumption.

Brent Perry, CEO and founder of Shift, commented: “We are thrilled to work with Terasaki and Fast Offshore Supply to electrify these advanced crew transfer vessels. It is a privilege to join forces with forward-thinking organizations and we know that this is only the beginning of an impactful and exciting project and wider mission to decarbonize the marine industry as a whole.”

Today, representatives from Shift, Terasaki, and Fast Offshore participated in a MOU signing ceremony at FOS Shipyard Pte Ltd. Terasaki, an industry leading provider and manufacturer of electrical switchboards, control systems, and system integrators will upgrade the Fast Offshore vessel’s existing electrical system to support the implementation of Shift’s leading-edge technology.

Darren Tiong of Terasaki Electric Co. (F.E) Pte Ltd commented: “Fast Offshore’s “Go Green Attitude” is absolutely amazing. The way the organization discusses decarbonization and environmental solutions really thrilled us. With this project, and many to follow, we are determined to show our commitment to working towards a healthier and more sustainable environment. We are excited to work side-by-side with Shift Clean Energy once again to support Fast Offshore’s “Green Initiative and Sustainability Program”. Together, we can contribute to cleaner seas.”

Fast Offshore Supply (FOS) is known to have one of Asia’s largest offshore crew vessel operators and is known for designing, building and operating one of the continent’s most advanced fleets of Fast Multi-purpose Supply Vessels (FMSV). These vessels are referred to as the ‘Master of the Sea’, providing efficient and fast transportation. Shift will be outfitting the ship with its fixed battery system, transitioning the vessel from conventional diesel to hybrid-electric. The 422kWh energy storage system will be used for peak shaving and hotel loads.

The ESS system for the newly hybridized vessel will be a containerized fixed installation and will be equipped with a “Plug and Play” connection with the vessel’s electrical system. Terasaki will upgrade the MSB and PMS for the vessel’s electrical system while Shift will provide the vessel with its state-of-the-art marine approved batteries and operational software – OnWätch.

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About Shift Clean Energy:

Shift Clean Energy provides energy storage solutions to decarbonize the marine transport industry and other hard-to-abate sectors. Shift enables customers to meet their climate action and ESG goals with clean energy solutions based on leading-edge energy storage systems. Understood to be the safest and most reliable energy storage solutions on the market today, and the first commercial marine solutions company to offer pay-as-you-go PwrSwäp subscription energy systems.  Customers save money from day one through electrification, integrating ESS and renewable energy for both commercial and maritime applications. Shift now has offices in the US, UK, and the Netherlands, with a new office under construction in Singapore. Join us on our mission to zero emissions.

About Fast Offshore:

Fast Offshore Supply (FOS) is a Singapore-based company that provides design, manufacturing, and operational services to one of Asia’s most advanced fleets of Fast Multi-purpose Supply Vessels (FMSV). Fast Offshore Supply provides the marine industry with fast, efficient and comfortable transportation of passengers (both seated and in-cabin) with its ‘Master of the Sea’ vessels in Fast Cargo Transfer, Fast Passenger Transfer, Towing, Emergency Rescue and Response, Fire Fighting, and Oil Pollution Control. Jointly designed by Naval Architects from Norway and Singapore, FOS vessels support both exploration and production activities in the oil field for clients such as Exxon Mobil, Shell, Chevron, CNOOC, Premier, Stat Oil, ENI, Conoco Philips, Lundin and more. Fast Offshore vessels have operated throughout Malaysia, Indonesia, Thailand, Brunei, Philippines, Sakhalin, Nigeria, and Australia.

About Terasaki :

Terasaki Electric is one of the leading international electrical switchboards and control systems manufacturer in Asia. Terasaki design and manufacture power distribution control systems for factories, railways station and all kind of vessels. Terasaki’s business and technology spans five core fields: marine systems, industrial systems, circuit breakers, engineering, electro-fitting and servicing. Terasaki Electric also support all kind of GREEN project as system integrator role. Terasaki emphasizes on the after sales service, therefore, Terasaki group also got a well establish global services network all around the world.

Press contact:

Yulu PR

Shift@yulupr.com