OXM
Patent pending gearboxA patent pending gearbox for ships that decrease fuel consumption with 25% (appr 500 ton fuel and 1500 ton carbon dioxide per ship and year)
Total Cost €
0EC-Contrib. €
0Partnership
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0OXM project word cloud
Explore the words cloud of the OXM project. It provides you a very rough idea of what is the project "OXM" about.
Project "OXM" data sheet
The following table provides information about the project.
| Coordinator |
OPTIXMARINE AB
Organization address contact info |
| Coordinator Country | Sweden [SE] |
| Project website | http://www.optixmarine.com |
| Total cost | 71˙429 € |
| EC max contribution | 50˙000 € (70%) |
| Programme |
1. H2020-EU.3.3. (SOCIETAL CHALLENGES - Secure, clean and efficient energy) 2. H2020-EU.2.3.1. (Mainstreaming SME support, especially through a dedicated instrument) |
| Code Call | H2020-SMEINST-1-2015 |
| Funding Scheme | SME-1 |
| Starting year | 2016 |
| Duration (year-month-day) | from 2016-03-01 to 2016-08-31 |
Partnership
Take a look of project's partnership.
| # | ||||
|---|---|---|---|---|
| 1 | OPTIXMARINE AB | SE (BOHUS-MALMON) | coordinator | 50˙000.00 |
Map
Project objective
'Optixmarine offers a patent pending gearbox for ships with shaft generators and the result is a saving of approximately 500 ton (25%) fuel and 1 500 ton carbon dioxide emission per ship and year.
Our product, the gearbox 'Optixdrive', is today designed and constructed in order to be installation at our pilot customer AB Veritas Tankers vessels “Astoria” in Q1 2016. We have very strong customer interest and after launching the product at the fair Donsö Shipping Meet in September 2015, we are contacted by several new customers every month. Our customers have also stated that there are no attractive alternatives to our product.
Worldwide we estimate a total market of more than 7 000 ships with generators, worth 2,1 billion euros. The product is priced to 300 000 euros, which gives customers less than two years in return of investment and this has been confirmed attractive by them.
We have eliminated the technical risk with our gearbox through involving leading technical experts and manufacturers, that through calculations and simulations have come to the conclusion that they see low risk with getting our product up and running.
On the island of Donsö outside Gothenburg, there are shipping companies that together have 60 ships with shaft generators and therefore potential customers for Optixdrive. Only them together would mean an annual saving of as much as 30 000 ton of fuel and 150 000 ton of carbon dioxide. Imagine the worldwide fleet of ships with shaft generators using Optixdrive, that would mean a saving of 3,5 million ton of fuel and 10,5 million ton of carbon dioxide every year.
The team behind Optixmarine believe that transport by sea has a environmental sustainable future and our company has a promising potential to drastically reduce the environmental impact by the shipping industry worldwide.'
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The information about "OXM" are provided by the European Opendata Portal: CORDIS opendata.