Strategic Marine has joined a Cyan Renewables-led green energy consortium to advance electric harbour craft operations in Singapore.
Although Singapore’s goal is for new harbour crafts to be fully decarbonised from 2030, the country currently lacks commercially viable solutions to enable such a transition.
The consortium of seven partners seeks to lower commercial barriers against green energy transition through quality shipbuilding, flexible financing and customer access. Led by Cyan Renewables, the consortium comprises Bureau Veritas Marine, PSA Marine, Strategic Marine and technology providers SeaCabbie, Sea Forrest and Victory.
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.”
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.”
Together with decades of 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.
