Boat Loan Finance Online :: News
SHARE

Share this news item!

Lloyd's Register and Echo Marine Group to Deliver Electric Ferries in WA

Partnership Aims to Introduce Zero-Emission Vessels to Perth's Swan River

Lloyd's Register and Echo Marine Group to Deliver Electric Ferries in WA?w=400

The information on this website is general in nature and does not take into account your objectives, financial situation, or needs. Consider seeking personal advice from a licensed adviser before acting on any information.

Lloyd's Register (LR) has entered into a partnership with Echo Marine Group to support the delivery of Western Australia's first fully electric passenger ferries.
This initiative marks a significant step towards sustainable public transport in Australia.

The project is part of the Perth Transport Authority's METRONET Swan River Ferry Service Expansion programme, which plans to introduce five new battery-electric ferries on Perth's Swan River. LR will provide classification and technical assurance services throughout the design and construction phases, ensuring the safe integration of this new generation of zero-emission vessels.

Building on an established working relationship, LR and Echo Marine Group are collaborating closely to bring electric propulsion technology into public transport service in Australia. The programme sets a new benchmark for zero-emission ferry design and construction in the region.

As one of the first fully electric ferry fleets in Australia, the project presents unique technical and regulatory considerations, including high-voltage battery integration and the safe deployment of new propulsion systems in a public transport environment. LR's early involvement has helped define a clear approval pathway, ensuring that technical decisions are validated from the outset and aligned with emerging requirements for electric vessels.

Asif Ghauri, Account Manager, Marine - Australasia at Lloyd's Register, emphasized the strength of the partnership, stating that combining local insight with global expertise provides end-to-end assurance that supports safety, compliance, and innovation.

Anthony Livanos, Project Manager at Echo Marine Group, highlighted that the collaboration has been instrumental in reducing uncertainty around regulatory interpretation and safeguarding passenger safety, vessel efficiency, and delivery timelines.

The programme is expected to provide a scalable model for future low-emission ferry developments across the region, with the first of the new electric vessels scheduled to enter service in 2027.

Published:Thursday, 14th May 2026
Author: Paige Estritori

Please Note: We do not endorse any specific products or companies. Some content is sourced from third parties, including press releases, and may not be independently verified for accuracy or completeness.

Share this news item:

Rate this article

0 Comments

No comments yet. Be the first to share your thoughts.

Finance News

APRA Implements New Cap on High Debt-to-Income Home Loans
APRA Implements New Cap on High Debt-to-Income Home Loans
25 May 2026: Paige Estritori
The Australian Prudential Regulation Authority (APRA) has announced a significant policy change aimed at mitigating risks in the housing market. Effective February 1, 2026, APRA will impose a cap on high debt-to-income (DTI) home loans, limiting such loans to 20% of new home lending portfolios. This measure is designed to address concerns over escalating property prices and the potential for financial instability. - read more
ASIC Calls for Improved Consumer Protections in Car Finance Sector
ASIC Calls for Improved Consumer Protections in Car Finance Sector
25 May 2026: Paige Estritori
The Australian Securities and Investments Commission (ASIC) has conducted a comprehensive review of the motor vehicle finance sector, uncovering significant deficiencies in lenders' oversight of car finance distributors. This scrutiny has revealed problematic sales tactics and a lack of regular audits, prompting ASIC to call for immediate improvements to protect consumers. - read more
Australia's Marine Sector Confronts Severe Workforce Shortages
Australia's Marine Sector Confronts Severe Workforce Shortages
25 May 2026: Paige Estritori
The Australian marine industry is currently grappling with a significant shortage of skilled labour, a challenge that is affecting operational capacities and financial performance across the sector. According to the 2026 National Jobs & Skills Survey conducted by the Boating Industry Association (BIA), more than 90% of marine businesses have expressed deep concern over the lack of qualified personnel. - read more
Whittley Marine Launches CR 3100 OB at Sanctuary Cove
Whittley Marine Launches CR 3100 OB at Sanctuary Cove
25 May 2026: Paige Estritori
Whittley Marine Group has introduced its latest innovation, the CR 3100 OB, at the 2026 Sanctuary Cove International Boat Show. This 31-foot outboard-powered cruiser is designed to offer a blend of overnight accommodation, trailerable practicality, and extended cruising capabilities, all within Australia's 2.5-metre maximum width regulations. - read more


Bike Loans Articles

Top 5 Budgeting Mistakes to Avoid When Buying a Boat in Australia
Top 5 Budgeting Mistakes to Avoid When Buying a Boat in Australia
Owning a boat in Australia is a dream for many, offering endless adventures along stunning coastlines and serene inland waters. Whether it's sailing the Great Barrier Reef or enjoying a sunset cruise in Sydney Harbour, a boat unlocks a world of possibilities. - read more
Boosting Your Credit Score: Unlock Lower Loan Rates for Your Dream Boat
Boosting Your Credit Score: Unlock Lower Loan Rates for Your Dream Boat
Dreaming of sailing into the sunset on your very own boat? Before you set sail, there's a crucial financial anchor to consider: your credit score. Understanding the link between your credit score and loan rates can make a significant difference in your boating dreams becoming reality. A good credit score not only plays a pivotal role in securing a boat loan, but it also influences the interest rates you're offered. - read more
New vs. Used Boats: A Financial Perspective
New vs. Used Boats: A Financial Perspective
When it comes to buying a boat, choosing between a new and a used one is a significant decision that can impact your finances in multiple ways. A boat is not just a pleasure craft; it's also a considerable investment that requires careful thought and planning. - read more
Don't Let These Boat Loan Application Errors Sink Your Dreams
Don't Let These Boat Loan Application Errors Sink Your Dreams
Australia, with its stunning coastline and vast waterways, presents a perfect backdrop for boating enthusiasts. For many, owning a boat signifies freedom and adventure. Imagine setting sail with friends, fishing at sunrise, or exploring secluded coves that are only accessible by water. It's a lifestyle dream worth pursuing. - read more


Free Assessment

Loan Amount:
Postcode:

All quotes are provided obligation-free by a participating broker from our national referral partner network. We respect your Privacy.


Knowledgebase
Personal Loan:
a loan that is granted for personal use, normally unsecured and granted by a lender on the borrower's integrity and capacity to repay