- Yinson Green Technologies has been awarded funding by the MPA and SMI to develop, deploy and commercialize a fully electric cargo vessel with interoperable swappable battery infrastructure solutions.
- MPA’s and SMI’s joint call for proposals attracted strong interest from the maritime community with 73 companies and 10 institutes of higher learning submitting
a total of 16 proposals. - The three successful consortiums will embark on the research, design, build
and operations of fully electric harbour craft over the next five years.
Yinson Holdings’ subsidiary Yinson Green Technologies (YGT) is part of the ‘Goal Zero’ consortium which will be using funding from the Maritime and Port Authority of Singapore (MPA) and Singapore Maritime Institute (SMI) to ‘develop, deploy and commercialise a fully electric cargo vessel with interoperable swappable battery infrastructure solutions’, reads a press release by the company.
As previously reported, on 5 August the MPA awarded funding to three joint industry research (JIR) consortia to develop electric harbour craft for the Port of Singapore.
Goal Zero consortium
The Goal Zero consortium is led by SeaTech Solutions, and the other two consortia are led by Keppel FELS Limited and Sembcorp Marine. While SeaTech leads Goal Zero, YGT will spearhead the overall programme management and commercialization.
The other Goal Zero members include: Sterling PBES Energy Solutions as battery technology partner; Rina Hong Kong Limited Singapore Branch as classification society; Singapore Institute of Technology and Technology Centre for Offshore and Marine Singapore as institutes of higher learning and research institutes developing the digital twin.
Goal Zero is also supported by industry partners Batam Fast Ferry, Bernhard Schulte (Singapore) Holdings, DM Sea Logistics, Marina Offshore, Kenoil Marine Services, Lita Ocean and Jurong Port.
Sustainable harbour ecosystem
In a statement, Yinson Executive Vice President New Ventures and Technology Eirik Barclay commented: ‘We are looking to develop a new ecosystem and business model that are significantly more sustainable for the harbour craft industry whilst simultaneously being more commercially attractive for vessel owners and operators. For example, swappable battery charging infrastructure could almost completely eliminate vessel charging downtime, and digital twin technology can improve efficiencies that bring down operational costs.’
Yinson Group Chief Strategy Officer Daniel Bong added: ‘With the support of the Singapore government through this grant, we are excited to take this next step in our roadmap towards achieving a globally integrated green logistics solution.’
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Source: Yinson Holdings
