International marine transportation is a fleet of 90,000 ships of every description transporting over 7 billion tons of cargo more than 30 trillion ton-miles in a year. Enormous as they are, these figures exclude the also huge domestic shipping fleets of countries like Australia, Brazil, Canada, China, India, Indonesia, Russia, USA, and many others. Shipping attracts a multitude of interests thatcreates near-perfect competition in the international trades as well as more parochial opportunities in the “protected” domestic trades of many nations.
We believe the shipping industry is entering a new era defined by the trilateral forces of the need to reduce harmful air emissions and overboard discharges from ships and by the high cost and uncertainty of supply that attach to dependence of today’s ships on fossil fuels.
The new era of eco-conception will favor technologies that lie to the right on TransTech’s Green Marine Technology Chart™.
Green revolutions are now in the making in shipping; ships will change more in the next twenty years than they have in the past century. In pursuit of high returns that come with attendant risks, TransTech develops economical, environmentally-sustainable solutions for the shipping industry that are potential “game changers.” We accomplish this by commercializing our own ideas and promising ideas of our clients as well providing on-demand professional research, design and consulting services to clients at every level of project development.
Green revolutions are now in the making in shipping; ships will change more in the next twenty years than they have in the past century. In pursuit of high returns that come with attendant risks, TransTech develops economical, environmentally-sustainable solutions for the shipping industry that are potential “game changers.” We accomplish this by commercializing our own ideas and promising ideas of our clients as well providing on-demand professional research, design and consulting services to clients at every level of project development.