Malaysia-based energy firm Yinson Holdings Berhad (Yinson)’s green technologies business unit Yinson GreenTech (YGT), through its marinEV brand, has completed the construction of its all-electric crew transfer vessel, the Hydroglyder.
The vessel is to provide the crew transfer services within the Singapore harbor craft segment that is fully built and integrated in Malaysia, YGT said in a statement on Monday.
According to the statement, the Hydroglyder is equipped with advanced hydrofoil system, which provides better energy efficiency as compared to traditional electric vessels of the similar size.
the craft during foiling. This is expected to reduce operational cost by up to 90 percent.
The vessel will debut in Singapore to start its sea trials and aims to contribute to the achievement of the country’s decarbonization goals.
The Hydroglyder will be the first vessel of its kind within the Singapore harbor craft market, providing a more efficient and environmentally-friendly alternative to current crew transfer vessels.
“I am proud that Malaysia was selected for the Hydroglyder prototype’s assembly and construction, demonstrating the country’s ability to deliver worldclass, technologically advanced engineering projects,
“This aligns well with the National Transport Policy that aims to enhance Malaysia’s economic competitiveness by developing a skilled workforce, fostering a conducive business environment, and facilitating trade and investment,” said Malaysia’s Minister of Transport Loke Siew Fook.
“I would like to express our appreciation for the Malaysian government’s forward-thinking policies that have provided a progressive and stable environment for innovation, which is particularly instrumental in developing prototype green technologies,” he said.
YGT Chief Executive Officer Eirik Barclay said that the Hydroglyder prototype is a major milestone in the firm’s quest to reduce the maritime industry’s carbon footprint, reduce local particulate air pollution and prepare
for the launch of a fleet of technology enhanced, zero-emission vessels.
According to him, collaboration with like-minded partners has been crucial to the successful completion of this prototype.
“Special mention to Ctruk Boats, whose expertise in composite material technology allowed us the full flexibility to modify the vessel’s design as needed during the construction process,
OCBC Malaysia Head of Wholesale Banking Jeffrey Teoh said that the bank is proud to support this project, the first electric prototype vessel of its kind to be built in Malaysia and one which has the potential to revolutionize the maritime industry.
As a partner that supported the development of this innovative foiling crew transfer vessel, the Hydroglyder prototype, he said the firm hopes marinEV in continuing its sea trials and commercialization process in Singapore.
YGT which has businesses in offshore production, renewable energy, green technologies and offshore marine, has presences in 18 countries.
The firm was established in 2020 as a green technologies solution provider delivering a clean, integrated and technology-enhanced ecosystem across the marine, mobility and infrastructure segments.
The business unit invests in novel green businesses, research and development (R&D) and strategic partnerships to develop integrated smart green assets and infrastructure.
It aims to create a proprietary digital marketplace that provides affordable and accessible tech-based low carbon products and services to help businesses and communities achieve their own net zero ambitions.
Its strategic investments currently include an advanced hydrofoil system for electric vessels, e-bike and swappable batteries, autonomous and robotic technology, autonomous systems for electric vehicles, marine energy storage solutions and electric vehicle charging solutions.