YGT unveils marinEV in green marine bid


PETALING JAYA: Yinson Holdings Bhd’s unit Yinson GreenTech (YGT) has launched its new marinEV brand which is committed to the electrification and decarbonisation of the maritime industry.

The company said its existing products that would come under the new brand include its two electric harbour crafts – Hydroglyder and Hydromover, and the standards that are associated with the branding would be applied on all future marine products launched by the company.

It aimed to deliver a clean and integrated technology-enhanced ecosystem that will support the maritime industry’s transition to net-zero carbon emissions.

“With our marine offerings recognised under the brand marinEV, we are able to position ourselves favourably as one of the leading players in this space.

“We believe it strengthens our proposition and we aim to make marinEV synonymous with green maritime technology,” YGT chief executive officer Eirik Barclay said in a statement yesterday.

Along with the launch of the brand, YGT had inked several memoranda of understanding with key players in the industry.

These collaborations seek to contribute to the development of an ecosystem that would encourage local ship operators to transition fully to electric vessels, it said.

The aim of the collaborations is to accelerate the transition of Singapore’s maritime industry in line with the country’s goals that require all new harbour crafts to be fully electric, capable of using pure biodiesels, or be compatible with net-zero fuels such as hydrogen by 2030 and achieve net-zero emissions by 2050.

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