Perth-based marine engineering manufacturer Veem has signed a partnership with Detroit’s Sharrow Marine, with Veem gaining exclusive rights to commercialise and manufacture the Sharrow Propeller for inboard propellers up to five metres in diameter.
The partnership will see Veem initially produce propellers for superyacht and commercial vessels in the 30 – 90 feet (10 – 30-metre) range, according to a statement from Sharrow. Sharrow Marine is a division of Sharrow Engineering.
These will be available to purchase in 2024 and can be ordered directly through the Sharrow by Veem website or via agents.
“This agreement with Sharrow Engineering is further testament to Veem’s commitment to pushing the boundaries of what’s possible in marine technology,” said Brad Miocevich, Chairman of the ASX-listed Veem.
“We are thrilled to embark on this journey together to set a new standard for performance and sustainability. We believe this will be nothing less than transformative for the inboard market.”
Veem specialises in propulsion and stabilisation systems and its work includes prototype propeller blades and a propeller hub for the SEA 5000 Hunter Class frigate program.
According to a statement from Sharrow Marine, Sharrow by Veem propellers will be “dramatically quieter and more fuel-efficient than any inboard propeller currently on the market”, and combining “Sharrow’s revolutionary propeller technology with Veem’s proven history of manufacturing excellence”.
The Sharrow Propeller was invented by Greg Sharrow in 2012, and the US company describes it as “the first major advancement in propeller technology since the 1830s.”
According to the company, independent, third-party testing led by the University of Michigan’s Marine Hydrodynamic Laboratory has shown it to be 9-15 per cent more efficient than the industry standard Wageningen B-series screw propeller.