Truck Loans Australia :: News
SHARE

Share this news item!

Vessev's Electric Hydrofoiling Vessels Set to Transform Swan River Transport

Innovative Partnership Aims to Introduce Sustainable Water Travel in Perth

Vessev's Electric Hydrofoiling Vessels Set to Transform Swan River Transport?w=400

The information on this website is general in nature and does not take into account your objectives, financial situation, or needs. Consider seeking personal advice from a licensed adviser before acting on any information.

New Zealand-based company Vessev is set to revolutionize water transport in Perth by introducing electric hydrofoiling vessels to the Swan River.
In collaboration with the ENAUTIC Group, Vessev plans to deploy a fleet of VS-9 electric hydrofoiling catamarans, aiming to provide a sustainable and efficient alternative to traditional watercraft.

The Swan River, which flows through the heart of Perth, has long been underutilized as a transport corridor due to strict speed and wake restrictions designed to protect the river's environment and shoreline. Traditional boats often create significant wake, leading to erosion and other ecological concerns. Vessev's hydrofoiling technology addresses these issues by lifting the vessel's hull above the water, thereby reducing drag and minimizing wake.

The initial phase of this initiative will focus on premium tourism experiences, such as charters and wine cruises, allowing passengers to experience the unique benefits of hydrofoiling technology firsthand. This approach aims to build public interest and acceptance, laying the groundwork for potential expansion into commuter routes in the future.

Josh Portlock, leading the project for ENAUTIC, emphasized the transformative potential of hydrofoiling technology, stating, 'Hydrofoiling is what makes electric water transport genuinely viable. It delivers the speed, range, and sustainability you need without compromise.'

The first VS-9 vessels are expected to arrive in Perth in early 2027. In the interim, the project will undergo necessary regulatory approvals and infrastructure preparations to ensure seamless integration into the existing transport ecosystem.

This initiative reflects a broader global trend towards sustainable and innovative water transport solutions. By leveraging cutting-edge technology, Vessev and ENAUTIC aim to unlock the full potential of the Swan River as a vital and environmentally friendly transport route for Perth's residents and visitors.

Published:Tuesday, 12th May 2026
Author: Paige Estritori

Please Note: We do not endorse any specific products or companies. Some content is sourced from third parties, including press releases, and may not be independently verified for accuracy or completeness.

Share this news item:

Finance News

Boating Industry Calls for Stricter Jet Ski Safety Measures
Boating Industry Calls for Stricter Jet Ski Safety Measures
12 May 2026: Paige Estritori
The Boating Industry Association (BIA), representing major personal watercraft brands such as Sea-Doo, Yamaha WaveRunner, and Kawasaki Jet Ski, has recently advocated for enhanced safety measures and stricter enforcement to address the increasing number of Jet Ski-related incidents on Australian waterways. - read more
Vessev's Electric Hydrofoiling Vessels Set to Transform Swan River Transport
Vessev's Electric Hydrofoiling Vessels Set to Transform Swan River Transport
12 May 2026: Paige Estritori
New Zealand-based company Vessev is set to revolutionize water transport in Perth by introducing electric hydrofoiling vessels to the Swan River. In collaboration with the ENAUTIC Group, Vessev plans to deploy a fleet of VS-9 electric hydrofoiling catamarans, aiming to provide a sustainable and efficient alternative to traditional watercraft. - read more
d’Albora Marinas Expands with Tin Can Bay Marina Acquisition
d’Albora Marinas Expands with Tin Can Bay Marina Acquisition
12 May 2026: Paige Estritori
d’Albora Marinas, Australia's largest premium marina and hospitality network, has recently expanded its portfolio with the acquisition of Tin Can Bay Marina in South-East Queensland. This strategic move enhances d’Albora's presence in the region and offers an array of services to the local boating community. - read more
Reserve Bank of Australia Lifts Cash Rate to 4.35% in May 2026
Reserve Bank of Australia Lifts Cash Rate to 4.35% in May 2026
12 May 2026: Paige Estritori
On 5 May 2026, the Reserve Bank of Australia (RBA) announced a 25 basis point increase in the official cash rate, bringing it to 4.35%. This marks the third consecutive rate hike this year, following increases in February and March, as the RBA continues its efforts to curb rising inflation. - read more
Electric Vehicles Capture 16.4% of Australian New Car Sales in April 2026
Electric Vehicles Capture 16.4% of Australian New Car Sales in April 2026
12 May 2026: Paige Estritori
In April 2026, electric vehicles (EVs) achieved a significant milestone in the Australian automotive market, accounting for 16.4% of all new car sales. This represents a substantial increase, with approximately one in every six vehicles sold being an EV. The total number of new vehicles sold during the month was 92,591, marking a 2.2% rise compared to the same period last year. - read more


Truck Loans Articles

Essential Checklist for Commercial Vehicle Loan Approval
Essential Checklist for Commercial Vehicle Loan Approval
In the journey to secure a commercial vehicle loan, preparation is key. Just as a vehicle needs to be in perfect condition to hit the road, your loan application requires meticulous attention to detail to ensure a green light from lenders. This article embarks on the essential journey of understanding the critical checkpoints before applying for a commercial vehicle loan. We navigate through the path of prerequisites that pave the way for a seamless approval process. - read more
Maximizing Your Fleet Potential: How Truck Financing Shapes Success
Maximizing Your Fleet Potential: How Truck Financing Shapes Success
Trucks play a pivotal role in the Australian logistics and transport industry, serving as the lifeblood that keeps commerce flowing. The dependable rumble of engines crisscrossing the nation's highways is more than just a symbol of industry; it's a critical component of productivity and economic stability. Without these workhorses facilitating the timely movement of goods, the Australian market would face significant challenges meeting the demands of both businesses and consumers alike. - read more
From Small to Big: Financing Your Truck Expansion in Australia
From Small to Big: Financing Your Truck Expansion in Australia
Expanding your truck fleet is a critical step in driving business growth. For many small businesses, increasing the number of commercial vehicles means accessing new markets, delivering goods more efficiently, and ultimately, boosting profitability. In the competitive Australian market, staying ahead requires not just maintaining but expanding your transport capabilities. - read more
Why a Pre-Approval Can Give You an Advantage When Buying a Truck
Why a Pre-Approval Can Give You an Advantage When Buying a Truck
When purchasing a truck, whether for personal use or business, navigating the financial landscape can be daunting. This is where pre-approval comes into play. But what exactly does pre-approval mean in the context of buying a truck? - read more
Maximizing Your Investment: Strategies for Enhancing Truck Resale Value in Australia
Maximizing Your Investment: Strategies for Enhancing Truck Resale Value in Australia
The commercial vehicle market in Australia is a cornerstone of the transportation and logistics industries, with trucks playing an indispensable role. Whether for long-haul deliveries across the vast distances of the continent or for urban distribution, trucks are critical assets for businesses and entrepreneurs alike. This significance makes it essential for commercial vehicle buyers to understand the dynamics of truck resale values in Australia. - read more


Start Here

Get a free truck loan eligibility assessment and compare truck finance and leasing options without accessing your credit file!!
Loan Amount:
Postcode:

All quotes are provided obligation-free by a participating broker from our national referral partner network. We respect your Privacy.


Knowledgebase
Prepayment Penalty:
A fee charged by a lender if a borrower pays off their loan early.