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MPA, SMI award Yinson Holdings Berhad funding for electrification pilot project

Firm to develop, deploy and commercialise a fully electric cargo vessel with interoperable swappable battery infrastructure solutions for Singapore port.
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img 4011328 Yinson as part of Goal Zero consortium awarded grant to develop fully electric harbour craft solution in Singapore v2

Malaysia-based Yinson Holdings Berhad (Yinson, or the Group) on Monday (16 August) said its subsidiary Yinson Green Technologies Pte Ltd (YGT) has been awarded funding by 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 for the Port of Singapore.

YGT was participating in the project through a consortium called ‘Goal Zero’ which received one of three grants awarded by MPA and SMI on 5 August 2021; an additional two consortiums led by Keppel FELS Limited and Sembcorp Marine receiving the other two grants.

MPA’s and SMI’s joint call for proposals, which was issued in September 2020, 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. The electrification pilot projects will demonstrate both commercial and technical viability of specific use cases for fully electric harbour craft.

YGT will spearhead Goal Zero’s overall programme management and commercialisation, while Singapore-based marine design engineering company Seatech Solutions International Pte Ltd who is the lead of the consortium, will develop the vessel design and system integration.

The consortium is joined by 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 Pte Ltd, Bernhard Schulte (Singapore) Holdings Pte Ltd, DM Sea Logistics Pte Ltd, Marina Offshore Pte Ltd, Kenoil Marine Services Pte Ltd, Lita Ocean Pte Ltd and Jurong Port Pte Ltd.

Yinson Executive Vice President New Ventures and Technology Eirik Barclay explained ‘Goal Zero’ aimed to solve some of the biggest issues faced by vessel owners and operators when it comes to the adoption of electric vessels.

“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,” stated Barclay.

Yinson Group Chief Strategy Officer Daniel Bong commented that Yinson was looking forward to working with consortium members to propel the future-readiness of the region’s marine port segment.

“It is Yinson’s desire to bring about a more environmentally sustainable marine transport network in alignment with our commitments to mitigate climate change. 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,” said Bong.

Quah Ley Hoon, Chief Executive, MPA, said, “Electrification has the potential to accelerate the decarbonisation of our local harbour craft industry so we are pleased to support the joint industry-research consortium named Goal Zero led by Seatech Solutions Pte Ltd and its key commercial partner Yinson Green Technologies in their electric vessel project. This is one of the three consortiums comprising 30 enterprises and research institutions across the value chain that we are supporting under the Maritime GreenFuture Fund.”

In other developments, Yinson is currently also working on Hydroglyder – a fully electric passenger craft which incorporates advanced hydrofoil technology. A full-sized working prototype of the Hydroglyder is expected to hit Singapore’s waters in 2022.

Related: Singapore: MPA and SMI co-fund consortiums for fully electric harbourcraft

 

Photo credit: Yinson Holdings Berhad
Published: 18 August, 2021

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LNG Bunkering

PIL’s LNG dual-fuel boxship “Kota Elok” arrives in Singapore on maiden call

As the first of 13 new 13,000 TEU vessels joining its fleet, Kota Elok is equipped to operate on LNG and low-sulphur fuel oil that helps reduce our greenhouse gas emissions.

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July 21, 2026

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PIL's LNG dual-fuel boxship “Kota Elok” arrives in Singapore on maiden call

Singapore-based Pacific International Lines Pte Ltd on Monday (20 July) said its first 13,000 TEU LNG dual-fuel container vessel, Kota Elok, recently made her maiden call to Singapore on 15 July.

As the first of 13 new 13,000 TEU vessels joining its fleet, Kota Elok is equipped to operate on liquefied natural gas (LNG) and low-sulphur fuel oil that helps reduce our greenhouse gas emissions. 

The vessel also incorporated energy-saving features and digital technologies to reduce fuel consumption and enhance operational performance, as well as a bow windshield to improve aerodynamics, contributing to improved fuel efficiency and lower emissions over the course of long-haul voyages.

“Following Singapore, Kota Elok will continue her voyage on our East Coast Service 1 (ES1) route to South America, calling at ports in Brazil, Uruguay, and Argentina before returning to Asia,” the company said in a social media post. 

Kota Elok also became PIL’s first vessel to receive Lloyd’s Register certification for compliance with the IACS UR E26 and UR E27 cyber security requirements.

Developed by the International Association of Classification Societies (IACS), UR E26 and UR E27 are mandatory cyber resilience requirements for newbuild vessels contracted from 1 July 2024. 

 

Photo credit: Pacific International Lines
Published: 21 July, 2026

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LNG Bunkering

CIMC SOE secures order for 12,000-cbm LNG bunkering vessel from Sinopec Clean Energy

Once operational, the vessel is expected to strengthen Sinopec’s domestic coastal LNG bunkering network and help address gaps in China’s alternative fuel bunkering infrastructure.
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July 21, 2026

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CIMC SOE secures order for 12,000-cbm LNG bunkering vessel from Sinopec Clean Energy

China’s Nantong CIMC Sinopacific Offshore & Engineering Co., Ltd. (CIMC SOE) recently signed a contract with Sinopec (Beijing) Clean Energy Co., Ltd. to build a 12,000-cubic metre (m3) LNG bunkering vessel, according to Chinese maritime media.

The vessel is scheduled for delivery in 2028 and will support Sinopec’s efforts to expand its presence in the marine clean energy sector.

Once operational, the vessel is expected to strengthen Sinopec’s domestic coastal LNG bunkering network and help address gaps in China’s LNG bunkering infrastructure.

With this signing , CIMC Pacific Offshore Engineering’s LNG bunkering vessel orderbook is further strengthened, maintaining its leading position in the global market for small and medium-sized LNG bunkering vessels.

The contract also marked another milestone for CIMC SOE, which has seen a sharp increase in orders and business performance this year amid a surge in domestic LNG vessel demand.

 

Photo credit: Nantong CIMC Sinopacific Offshore & Engineering
Published: 21 July, 2026

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Nuclear

ABS awards AiP to Korean institute for SMR-powered container ship concept design

KRISO says AiP recognises the technical feasibility and safety of its concept design, marking an important milestone toward the development of next-generation nuclear-powered commercial ships.
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July 21, 2026

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ABS awards AiP to Korean institute for SMR-powered container ship concept design

Korea Research Institute of Ships & Ocean Engineering (KRISO) on Thursday (16 July) received Approval in Principle (AiP) from the American Bureau of Shipping (ABS) for its concept design of a 15,000 TEU Small Modular Reactor (SMR)-powered container ship utilising Molten Salt Reactor (MSR) technology.

KRISO said the AiP recognises the technical feasibility and safety of its concept design, marking an important milestone toward the development of next-generation nuclear-powered commercial ships.

“This achievement demonstrates international recognition of KRISO’s technological capabilities in the rapidly evolving field of nuclear-powered shipping, supporting the transition toward low-carbon maritime transport,” it said. 

Building on this milestone, KRISO will continue advancing basic and detailed ship design, paving the way for future demonstration and commercialisation of SMR-powered vessels. 

Through continued R&D and international collaboration, KRISO remains committed to strengthening next-generation maritime technologies and contributing to the safe deployment of nuclear propulsion in the maritime industry.

 

Photo credit: Korea Research Institute of Ships & Ocean Engineering
Published: 21 July, 2026

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