mission
Build the most advanced technology for underwater logistics & transport
The first cargo submarines were used during World War I but commercial cargo transport using submarines has very expensive until very recently with reduced cost of electronics, advancements in software & miniaturization of sensors and well defined cargo type. We leverage these trends to make commercial cargo transport a reality for gas/liquid transport! We work directly with energy companies, industries, shipping operators & governments to rapidly decarbonize their transport operations.
10x cheaper and 9x faster to deploy than offshore pipelines
Offshore pipelines take 10+ years and around $400m+ to build, has limited flexibility, unable to ramp-up capacity with demand and has high sabotage & stranded asset risk. Using Oceanway’s complimentary low-cost, low-carbon & rapidly deployable transport solution, our customers can commercialize their projects faster while meeting their decarbonization goals.
Transport
All of above needs to be done at scale and to scale, we need to have a strong business model.
We will transport cargo during the trips to make this commercially viable and help the shipping companies, freight forwarders & retailers achieve their decarbonisation / net zero goals and take steps towards becoming a net positive business.
Ocean Intelligence
We know more about our space than our ocean. We are collaborating with a lot of global agencies to monitor ocean health, specifically ocean acidification. We will be sharing this data with the scientific, government and business community.
We are also testing various miniature sensors/ devices that we can use to collect this data to democratise citizen science.
Ocean Restoration
The submarines will collect microplastics & microfibres using filters inspired by fish gills placed on the sides of the hull. We have limited knowledge about the depths at which the micro plastics are most abundant and what conditions affect this concentration and in which parts of the ocean. We will be collecting this vital data.
Not harming marine life while performing our operations is top priority and we are researching on the best way to collect the microplastics.
Partners & Investors
