• New VEEM Extreme propulsion package with up to 18.1% fuel efficiency gains
• Manufactured from proprietary high-tensile alloy, available to order now
• Includes propeller, twisted rudder, V&P brackets, and shaft line

VEEM Limited (ASX: VEE) has announced the launch of its most efficient propulsion system yet, the VEEM Extreme propulsion package. The VEEM Extreme propulsion package consists of a VEEM propeller, twisted rudder, and fully flow-aligned shaft line package including V and P brackets, all manufactured from VEEM's new proprietary high-tensile alloy. This package is VEEM's fastest and most fuel-efficient inboard package yet, reducing fuel consumption by 18.1% compared to a standard setup. All testing was witnessed by Lloyd's Register on VEEM's test vessel. The VEEM Extreme propeller, manufactured from the proprietary high-tensile alloy, enables thinner blade profiles and better performance, resulting in fuel efficiency gains, reduced carbon footprint, and speed gains. Compared to an industry-standard, Class 1, hand-profiled propeller, the new VEEM Extreme Propellers delivered an 11.9% reduction in fuel burn and carbon footprint, with a top speed improvement of 3.36 knots to 43.05 knots. They also demonstrated improvements in efficiency and speed over VEEM's current fully CNC-machined NiBral propellers, with a reduction of 6.2% in fuel burn and speed improvements of 0.89 knots. The complete, flow-aligned shaft package includes the VEEM Extreme flow-aligned rudder with NACA sections, which resulted in 72% less drag and 6.2% less fuel burn than a standard parallel plate rudder, as well as VEEM Extreme V and P brackets designed in the VEEM Extreme material and a proprietary registered design VEEM Extreme shaft that reduces stress by 20% over a standard shaft and keyway design. VEEM has successfully completed a VEEM Extreme propeller-only trial on a Manly Fast Ferry, and Manly Fast Ferries is now planning to convert 6 more vessels to VEEM Extreme propellers over the next 18 months, with contract negotiations underway. Further, Manly Fast Ferries have advised they intend to conduct a trial with the VEEM Extreme rudder with a view to including it as part of the VEEM Extreme propeller conversions.