There are millions of fishing boats in our seas and oceans globally, consuming 50-Billion litres of fuel every year. The large majority of these boats have a gross tonnage below 20t and below 12m in length. Over 75% of this fleet is concentrated around South and Southeast Asia. Moreover, there are millions of other boats of similar size and power, used as water taxis and passenger transport.
The sheer number of these gigantic fleets generates environmental concern by means of water and air pollution and massive emissions across the world. As it stands, there are currently no real electric solutions applied (or even applicable) to professional marine use.
This is where RiAlAiR’s technology and unique business approach can make a huge difference by targeting a very appealing market with limited or no competition at all.