BH Global Corporation Limited on Wednesday (12 February) announced it’s 90% owned subsidiary BOS Offshore & Marine Pte Ltd has signed an MOU with strategic project partners Penguin International Limited, Danfoss, Durapower Technology (Singapore) Pte Ltd, and Bureau Veritas Marine (Singapore) Pte Ltd for the joint design, development and construction of Singapore’s first plug-in hybrid electric fast launch.
The scope of cooperation includes integrating hybrid electric solutions, testing and certification. The know-how generated will support Singapore’s push towards the adoption of hybrid electric propulsion systems for its maritime industry.
Under the MoU, the five parties will contribute their respective expertise into the collaborative relationship:
In addition, BOS will spearhead further collaborations to develop the BOS Marine Electric Integration Centre, and drive initiatives towards the digitalisation of vessel operations with data analytics capabilities and smart connectivity features, and the development of a complete electrification ecosystem in Singapore.
“It is a great honour to partner with Penguin International and other industry players with solid expertise in their respective fields.”says Vincent Lim, Chief Executive Officer of BH Global.
“ This collaboration is a significant stride for BH Global towards its goal of delivering environmentally friendly and commercially viable solutions for the local maritime industry – contributing positively to Singapore’s push towards reduction of carbon emissions and environmental sustainability in local maritime operations”
“Most importantly, we are working collaboratively with Singaporean homegrown companies towards the realisation of this goal, putting Singapore on the world map as a global maritime member with the ability to deliver technologically advanced solutions towards the global goal of reducing carbon emissions.”
“Penguin is honoured to team up with like-minded companies like BH Global, Danfoss, Durapower and Bureau Veritas in this landmark project,” adds James Tham, Penguin International’s Managing Director.
“We are mindful of the role we play in Singapore’s marine ecosystem. This privately funded collaborative partnership is the best way forward in commercialising proven technologies in marine hybrid propulsion for the benefit of Singapore.”
Photo credit: BH Global
Published: 12 February, 2020
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