We build and lease zero-carbon vessels to private and public municipal ferry operators looking to transition their fleets.
How We Can Help
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Design, Finance, & Build
Vessel propulsion and fuel supply transition strategy
Market, regulatory & technology implications analysis
Fueling/charging masterplan & vessel concept design
Business case, lease/finance options, & roadmap
Oversee vessel construction, permitting & launch
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Short- & Long-Term Lease Options
Short-term lease: facilitate immediate/earlier transition while permanent solution is still under planning and construction
Long-term lease: enable fleet renewal and decarbonization
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Implement Zero-Carbon Fueling & Charging
Oversee fuel/charging design, contracts & permitting
Structure fuel supply chain contracting & execution
Finance & lease charging and fueling equipment installation
Provide operator with upstream control of supply and costs
How We Fund Your Vessel
PRIVATE PROJECT CAPITAL
70-90%
Save your capital budget for other projects, and use our project funds instead. We work closely with you to determine what you need, and then mutually agree on the lease cost. Any fueling/charging equipment can be included in the total lease package.
GRANTS / INCENTIVES
10-30%
SWITCH Maritime will help operators apply for the myriad state/federal grants, loan guarantees and tax incentives that are applicable to your project - especially if the project includes both the vessels and fueling system - and will pass those savings on to you.
How we got started
Founded in 2018, SWITCH Maritime has been working over 5 years to build the first hydrogen fuel cell electric vessel in the U.S., combined with the first maritime hydrogen fuel supply chain.
SWITCH Maritime closed its Series A fundraise with Nexus Capital Development LLC in Q3 2023, fleet. The 75-passenger ferry ‘Sea Change’ will complete its commissioning and start commercial operation in San Francisco Bay in Q4 2023. SWITCH will continue to grow the fleet.
Follow the Sea Change
Get in touch
We would like to know more about your plans to transition your fleet and consider different ways we can help - such as providing funding, assisting with permits, managing the project, or writing grant proposals - whatever you need.