VYCON, the designer
and manufacturer of high-speed flywheel based, environmentally friendly, energy
storage systems, today announced that Xiamen Songyu Container Terminal (XSCT),
has placed an order for six REGEN systems for new ZPMC RTG cranes scheduled
for delivery this year. This is the first sale of a REGEN System by VYCON partner
Shanghai-based, Zhenhua Port Machinery Co., Ltd. (ZPMC).
XSCT is a joint venture between A.P. Moller-Maersk (APM) and Xiamen
Port Holding Group. It started with limited operations in April of 2007 and
is known for utilizing the most advanced crane equipment available on the
market. XSCT's decision to fit their new crane purchase with Vycon's REGEN
system was driven by their commitment in preserving the environment by
utilizing technologies that deliver proven results in reducing emission and
fuel consumption reductions.
"We are very pleased to be working with ZPMC and to be supplying XSCT
with the REGEN system," said Vatche Artinian, President and CEO, Vycon.
"APM is a major port operator in the shipping industry and their deployment
of the REGEN System continues to confirm the benefits port operators are
receiving from our technology. APM offers VYCON a significant opportunity
within their worldwide port operations."
The REGEN System is a California Air Resources Board (CARB) verified
flywheel technology for emissions reduction that provides port operators
with a return on investment by reducing fuel consumption.