Battery-powered ships next up in battle to tackle emissions.

PositionE5 Lab Inc., a venture between Asahi Tanker Co., Exeno Yamamizu Corp., Mitsui O.S.K. Lines Ltd. and Mitsubishi Corp., to build electric battery for ships

The electric battery boom has a new target: ships. Four Japanese companies have teamed up to build the world's first zero-emission tanker by mid-2021 that will be powered by large-capacity batteries and will operate in Tokyo Bay, according to a statement on Tuesday.

The new company e5 Lab Inc. is a venture between Asahi Tanker Co., Exeno Yamamizu Corp., Mitsui O.S.K. Lines Ltd. and Mitsubishi Corp. The global maritime industry is facing an onslaught of legislation to improve its...

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