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LR lands deal to assure all-electric hydrofoiling seagliders

Rhode Island-based REGENT Craft Inc has engaged Lloyd’s Register to provide certification and advisory services for its ‘wing-in-ground-effect’ seaglider vessels.

Paul Bartlett, Correspondent

May 30, 2024

2 Min Read
REGENT Viceroy render
REGENT

REGENT Chief Executive and Co-founder, Billy Thalmeier, reveals that the company already has an orderbook of 600 seagliders, worth $9bn, from clients all over the world. They include ferry companies including Brittany Ferries, which would like to deploy them on the English Channel, and Germany’s FRS, which runs ferry services between Germany and Sweden. 

The company has also attracted interest from  regional airlines, logistics operators, and defence corporations. Late last year, it signed a strategic partnership deal with energy major TotalEnergies to explore the use of seagliders for the transport of personnel to and from offshore wind farms and oil platforms.

The ‘wing-in-ground’ seagliders operate within one wingspan of the water surface and are classed by the IMO as WIG ‘Type A’ craft. They are therefore subject to maritime regulations and will be operated by specially trained mariners, not pilots.

REGENT, an acronym for Regional Electric Ground Effect Nautical Transport, expects to have the first commercial ‘Viceroy’ seagliders, with capacity for 12 persons, in operation by ‘mid-decade’. Larger 100-person Monarch units are expected to be operating by the end of the decade.

The REGENT technology has attracted a wide range of investors. Led by 8090 Industries and Founders Fund, they include Japan Airlines, Mesa Air Group, Lockheed Martin, Yamato Holdings, Thiel Capital, JAM Fund, Mark Cuban, Y Combinator, Caffeinated Capital, and Fitbit founder, James Park. Earlier this month, the company announced a $300m deal with asset leasing company, Monte Maritime. 

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Middle East investors, who see major opportunities for seaglider deployment in the waters of the Arabian Gulf, and potentially in the Red Sea, are also engaged. They include the Abu Dhabi Strategic Development Fund, the Abu Dhabi Investment Office, the Emirate’s Department of Municipalities and Transportation, and Saudi Arabia’s NEOM Investment Fund.

Commenting on the classification society’s involvement, Lloyd’s Register COO, Mark Darley, said: “REGENT’s dedication to safe and sustainable solutions is providing the maritime industry with innovative zero-emissions passenger vessel seagliders that could transform the future of coastal travel. LR is excited to join with REGENT to proactively set international certification standards for new maritime transportation as the industry evolves.”

Ted Lester, REGENT Vice President, Certification, commented: “LR’s certification marks significant progress in REGENT’s compliance pathway toward maritime operations. LR’s expertise in classification and compliance services, as well as its commitment to safety and advancing the path to net-zero emissions, make it an ideal partner for ensuring seagliders meet required global standards now and in the future.”

Related:LR grants AiP for ammonia cracking system

About the Author

Paul Bartlett

Correspondent

UK-based Paul Bartlett is a maritime journalist and consultant with over four decades of experience in international shipping, including ship leasing, project finance and financial due diligence procedures.

Paul is a former Editor of Seatrade magazine, which later became Seatrade Maritime Review, and has contributed to a range of Seatrade publications over the years including Seatrade’s Green Guide, a publication investigating early developments in maritime sustainability initiatives, and Middle East Workboats and Offshore Marine, focusing on the vibrant market for such vessels across that region.

In 2002, Paul set up PB Marine Consulting Ltd and has worked on a variety of consultancy projects during the last two decades. He has also contributed regular articles on the maritime sector for a range of shipping publications and online services in Europe, Asia, and the US.

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