logo
This 400-foot electric ferry is powered by 275 tons of batteries. Its manufacturer calls it a 'giant leap forward' for shipping.

This 400-foot electric ferry is powered by 275 tons of batteries. Its manufacturer calls it a 'giant leap forward' for shipping.

An Australian shipbuilder has launched the world's largest fully electric ship, marking a turning point for clean maritime transport.
Incat, a Tasmania-based manufacturer, said the 400-foot-long Hull 096 vessel — the biggest electric vehicle ever built — runs entirely on battery power.
Built for South American ferry operator Buquebus, it will carry 2,100 passengers and 225 vehicles between Buenos Aires and Uruguay without using any fossil fuels.
The ship's energy system includes more than 250 metric tons, or roughly 275 tons, of batteries and delivers over 40 megawatt-hours of capacity — four times as large as any previous maritime installation.
It powers eight electric-driven waterjets supplied by Finnish tech firm Wärtsilä, which partnered on the project.
"This ship changes the game," said Incat Chairman Robert Clifford. "We've been building world-leading vessels here in Tasmania for more than four decades, and Hull 096 is the most ambitious, most complex, and most important project we've ever delivered."
Buquebus initially planned to operate the ferry on LNG but pivoted to electric power after Clifford proposed the switch.
Tasmania's premier, Jeremy Rockliff, praised the launch as a landmark moment for Australian manufacturing.
"Tasmania has long been a leader in maritime innovation, and Incat's latest achievement is a testament to our state's world-class shipbuilding capabilities and proud seafaring heritage," he said.
The vessel also features a 2,300-square-meter duty-free shopping deck — the largest retail space on any ferry worldwide. Crews will complete the interior fit-out and begin sea trials later this year on Tasmania's River Derwent.
"Hull 096 proves that large-scale, low-emission transport solutions are not only possible, they are ready now," said Incat CEO Stephen Casey.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Transform Your Outdoor Space with America's Backyard Fence Company
Transform Your Outdoor Space with America's Backyard Fence Company

Time Business News

time4 minutes ago

  • Time Business News

Transform Your Outdoor Space with America's Backyard Fence Company

When it comes to enhancing your home's curb appeal, security, and privacy, few investments are as effective as a high-quality fence. For homeowners and businesses throughout the Chicagoland area, America's Backyard Fence Company has earned a reputation for excellence. Offering a wide range of fencing solutions and backed by decades of experience, this Joliet-based company is the go-to source for those looking to define, protect, and beautify their outdoor spaces. Located at 1909 S Briggs Street in Joliet, Illinois, Americas Backyard Fence Company has been serving customers across Cook, Will, DuPage, Grundy, and Kendall counties for over 26 years. As a fourth-generation, family-owned business, they combine old-fashioned customer service with modern fencing solutions. Their core mission is to deliver reliable, durable, and aesthetically pleasing fences that exceed client expectations. Whether you're a homeowner seeking privacy or a commercial client looking to secure your property, America's Backyard Fence Company offers expert guidance and competitive pricing backed by years of proven success. No two properties are the same, and that's why America's Backyard offers a wide variety of fencing materials and styles to suit every need and preference. If you prefer a natural look that blends seamlessly with outdoor surroundings, cedar fencing is a top choice. Available in spaced, solid, and shadowbox designs, cedar fences provide a warm, rustic aesthetic while ensuring privacy and security. America's Backyard uses only premium-grade cedar to ensure durability in Illinois' changing weather conditions. For those who want low maintenance and long-lasting beauty, vinyl fencing is a smart solution. Resistant to rotting, fading, and weather damage, vinyl fences require no painting or staining and are available in multiple colors and styles. America's Backyard Fence Company offers residential and specialty vinyl fencing that's ideal for homeowners seeking hassle-free elegance. If you're after a classic, elegant fence that doesn't obstruct views, aluminum fencing offers timeless appeal and strength. With both residential and commercial-grade options, aluminum fences are great for pool enclosures, front yards, and decorative purposes. They're durable, rust-resistant, and built to withstand harsh Midwest winters. Beyond residential projects, America's Backyard also serves the commercial sector. They install security fences, privacy barriers, and custom enclosures for businesses, schools, warehouses, and municipal properties. Every commercial fence is tailored to meet the client's specific needs while complying with all local regulations. Here are a few compelling reasons why customers choose America's Backyard time and time again: Free In-Home Estimates : No-pressure consultations help you explore your options and get a detailed quote. : No-pressure consultations help you explore your options and get a detailed quote. Fast, Professional Installation : Their experienced crews complete most jobs in just one day while ensuring a clean and precise finish. : Their experienced crews complete most jobs in just one day while ensuring a clean and precise finish. Transparent Pricing : Clear, upfront costs with no hidden fees. : Clear, upfront costs with no hidden fees. Customer-First Approach: From initial quote to final cleanup, the team emphasizes communication, respect, and satisfaction. One of the strongest indicators of a company's quality is what their clients have to say. America's Backyard Fence Company consistently earns praise for their professionalism, craftsmanship, and attention to detail. Many reviewers highlight how the team takes the time to answer questions, explain materials, and follow through on timelines. Several customers noted that their vinyl fences were installed in a single day—cleanly and without disrupting their landscaping. While no company is perfect, any concerns expressed by customers—such as communication gaps—are typically addressed promptly by the team, reflecting their commitment to customer service and continuous improvement. With a BuildZoom score that places them in the top 30% of Illinois contractors, America's Backyard Fence Company offers outstanding value for your investment. They're not the cheapest option—but for homeowners who care about long-term quality, expert installation, and local accountability, they are a smart and trustworthy choice. Many customers have reported average project costs between $5,000 and $7,000, depending on materials and property size. This pricing reflects premium materials, skilled labor, and decades of fencing expertise. America's Backyard is proud to serve customers throughout: Chicago Naperville Aurora Joliet Orland Park Plainfield Bolingbrook And surrounding suburbs Whether you're in the heart of the city or nestled in a quiet suburb, their team brings professional service and quality fencing directly to your property. If you've been considering a new fence for your home or business, there's no better time to get started. Contact America's Backyard Fence Company today to schedule a free estimate and explore the wide range of fencing options available to you. Visit to learn more about their services, view gallery photos, and read real customer reviews. Or call (815) 834-1200 to speak directly with a fencing expert. America's Backyard Fence Company is more than a contractor—it's a trusted partner in transforming outdoor spaces with style, safety, and substance. Discover how their experience, materials, and Midwest values make them one of Chicagoland's most reliable fencing providers. TIME BUSINESS NEWS

A British TV art expert who sold works to a suspected Hezbollah financier is sentenced to prison
A British TV art expert who sold works to a suspected Hezbollah financier is sentenced to prison

The Hill

time36 minutes ago

  • The Hill

A British TV art expert who sold works to a suspected Hezbollah financier is sentenced to prison

LONDON (AP) — An art expert who appeared on the BBC's Bargain Hunt show was sentenced Friday to two and a half years in prison for failing to report his sale of pricey works to a suspected financier of Lebanon's militant Hezbollah group. Oghenochuko Ojiri, 53, pleaded guilty to eight offenses under the Terrorism Act 2000. The art sales took place between October 2020 and December 2021. Ojiri, who also appeared on the BBC's Antiques Road Trip, faced a possible sentence of five years in prison in the hearing at London's Central Criminal Court, which is better known as the Old Bailey. In addition to the prison term, Justice Bobbie Cheema-Grubb said Ojiri faces an additional year on license. Ojiri sold about 140,000 pounds ($185,000) worth of artworks to Nazem Ahmad, a diamond and art dealer sanctioned by the U.K. and U.S. as a Hezbollah financier. The sanctions were designed to prevent anyone in the U.K. or U.S. from trading with Ahmad or his businesses. 'This prosecution, using specific Terrorism Act legislation, is the first of its kind and should act as a warning to all art dealers that we can, and will, pursue those who knowingly do business with people identified as funders of terrorist groups,' said Commander Dominic Murphy, head of the Metropolitan Police's Counter Terrorism Command. The Met's investigation into Ojiri was carried out alongside Homeland Security in the U.S., which is conducting a wider investigation into alleged money laundering by Ahmad using shell companies. Ahmad was sanctioned in 2019 by the U.S. Treasury, which said he was a prominent Lebanon-based money launderer involved in smuggling blood diamonds, which are mined in conflict zones and sold to finance violence. Two years ago, the U.K. Treasury froze Ahmad's assets because he financed Hezbollah, the Iranian-backed Shiite militant organization that has been designated an international terrorist group. Following Ojiri's arrest in April 2023, the Met obtained a warrant to seize a number of artworks, including a Picasso and Andy Warhol paintings, belonging to Ahmad and held in two warehouses in the U.K. The collection, valued at almost 1 million pounds, is due to be sold with the funds to be reinvested back into the police, the Crown Prosecution Service and the Home Office.

Graco Announces Regular Quarterly Dividend
Graco Announces Regular Quarterly Dividend

Yahoo

time41 minutes ago

  • Yahoo

Graco Announces Regular Quarterly Dividend

MINNEAPOLIS, June 06, 2025--(BUSINESS WIRE)--The Board of Directors of Graco Inc. (NYSE:GGG) has declared a regular quarterly dividend of 27.5 cents ($0.275) per common share, payable on August 6, 2025, to shareholders of record at the close of business on July 21, 2025. The company has approximately 165.6 million shares outstanding. ABOUT GRACO Graco Inc. supplies technology and expertise for the management of fluids and coatings in both industrial and commercial applications. It designs, manufactures and markets systems and equipment to move, measure, control, dispense and spray fluid and powder materials. A recognized leader in its specialties, Minneapolis-based Graco serves customers around the world in the manufacturing, processing, construction, and maintenance industries. For additional information about Graco Inc., please visit us at View source version on Contacts FOR FURTHER INFORMATION: Investors: David M. Lowe, 612-623-6456 Media: Meredith A. Sobieck, 763-353-1498Meredith_A_Sobieck@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store