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Power X Forms Strategic Business Alliance with NYK Line

Japanese shipping company, Nippon Yusen Kaisha (NYK Line), has signed a memorandum of understanding with compatriot Power X, Inc. to set forth the terms of a strategic business alliance for the development and testing of Power X’s marine energy storage solutions (ESS), the Power ARK power transfer vessels, as well as electric vessels.
Tomoyuki Koyama Yusen Kaisha Masahiro Ito Powerx Inc Nippon Yusen Kaisha Transfer Vessel

NYK Line forms strategic business alliance with Power X

Japanese shipping company, Nippon Yusen Kaisha (NYK Line), has signed a memorandum of understanding with compatriot Power X, Inc. to set forth the terms of a strategic business alliance for the development and testing of Power X’s marine energy storage solutions (ESS), the Power ARK power transfer vessels, as well as electric vessels.
Tomoyuki Koyama Yusen Kaisha Masahiro Ito Powerx Inc Nippon Yusen Kaisha Transfer Vessel

Power Transfer Vessel Testing Waters for Global Deployment

Tokyo-based PowerX, Inc. has entered into a non-binding letter of intent (LOI) with DNV to collaborate on the technical assessment of the Power Transfer Vessel (Power ARK) and its battery system, as well as the potential development of a new class notation for Power ARK’s global implementation.
Arnstein Eknes Powerx Inc Tokyo Based Powerx Power Transfer Vessel Transfer Vessel Segment Director

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