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Strategic Marine joins consortium in advancing electric harbour craft ops in Singapore

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Cyan Renewables-lead consortium comprises Bureau Veritas Marine, PSA Marine, Strategic Marine and technology providers SeaCabbie, Sea Forrest and Victory; supported by PIL.
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Singapore-headquartered shipbuilder Strategic Marine on Thursday (14 September) said pure-play offshore wind vessel owner Cyan Renewables with its consortium of six other partners launched a green energy consortium to jointly design and develop electric harbour craft operations in Singapore.

Led by Singapore-based Cyan Renewables, the consortium comprises Bureau Veritas Marine, PSA Marine, Strategic Marine and technology providers SeaCabbie, Sea Forrest and Victory. 

The consortium, formed to participate in the Maritime and Port Authority of Singapore’s (MPA) call for proposal to develop electric harbour craft operations, is supported by one of Asia’s largest liner shipping companies, Pacific International Lines (PIL).

While Singapore targets for new harbour crafts to be fully decarbonised from 2030, the country currently lacks commercially viable solutions to enable such a transition.

The consortium seeks to ease the energy transition for Singapore’s maritime operators with a focus on quality shipbuilding, flexible financing and customer access. With members across the entire renewable energy value chain, the consortium is the first in Singapore to:

  • Enable the leasing of renewable vessels (via Cyan Renewables), thus reducing capital outlay for operators; and
  • Offer an innovative ride-hailing application for the ordering of launch boats (via SeaCabbie)

Together with experience in ship building, classification, and offshore energy management, the consortium’s solution is expected to significantly lower commercial barriers and reduce carbon emissions for electric harbour craft operations.

Lee Keng Lin, Founding CEO, Cyan Renewables, said: “As Asia’s first pure play renewable vessel owner, Cyan Renewables enables operators to access green maritime solutions with minimal capital outlay, significantly reducing barriers against innovation. We are confident in the consortium’s ability to ease the green energy transition for Singapore’s maritime sector and are proud to be leading this effort.”

Goh Chung Hun, Head, Fleet Division, Pacific International Lines, said: “PIL is committed to support this initiative on the commercialisation of electric harbour crafts. As a Singapore home-grown shipping line and with our focus on sustainability, we look forward to engaging the consortium and contributing towards Singapore’s national climate target of achieving net zero emissions by 2050.”

Francis Tang, Commercial Director, Bureau Veritas Marine, said: “BV Marine (Singapore) is absolutely honoured to join this consortium with a clear mission to develop sustainable, ecological and economically feasible solutions for Singapore’s harbour craft community. BV has been actively supporting the Singapore maritime ecosystem for many years now, and we will continue to bring along our best practices, experience and technical expertise to this excellent consortium.”

Chan Eng Yew, CEO, Strategic Marine, said, “Strategic Marine through this collaboration continues to affirm our commitment and contribution as a shipbuilder towards the IMO GHG 2050 goal and Singapore’s Net Zero 2050 goals.”

Photo credit: Strategic Marine
Published: 15 September, 2023