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Mon, May

BATTERIES: FleetZero aims to Help Rewrite the Rules of Marine Power

BATTERIES: FleetZero aims to Help Rewrite the Rules of Marine Power

MARINELOG
Michael Carter and Steven Henderson grew up together in North Carolina, attended the United States Merchant Marine Academy (USMMA) together, and most recently jointly founded Fleet Zero, a company aiming to develop

Michael Carter and Steven Henderson grew up together in North Carolina, attended the United States Merchant Marine Academy (USMMA) together, and most recently jointly founded Fleet Zero, a company aiming to develop modular, containerized battery technology for electrifying cargo ships. As of the interview, the company has raised about $60 million in funding, it employs 40 people, it recently opened a new manufacturing/R&D facility in Houston where it is targeting to produce 300 MW hours of batteries this year.


There’s a familiar narrative in maritime: an industry steeped in tradition, slow to change, and cautious when it comes to new technology. But every so often, a company emerges that doesn’t just challenge the status quo, it questions the underlying assumptions that built it.

That’s precisely where FleetZero finds itself today.

Founded in 2021 by Mike Carter and Steven Henderson — lifelong friends and graduates of the United States Merchant Marine Academy — FleetZero have moved from concept to commercialization. With roughly 40 employees, $60 million raised, and plans to produce 300 MWh of batteries annually at its new Houston headquarters, the company is scaling fast.

But the real story isn’t only the numbers. It’s the thesis.



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