The first electric cargo vessel in Singapore has taken to the water as Yinson GreenTech launches the Hydromover in a joint project with the Goal Zero Consortium and SeaTech Solutions. 

A lightweight vessel, the 18.5m long Hydromover can carry up to 25t of cargo according to Yinson, and was designed with swappable battery solutions that can reportedly reduce operational costs by up to 50%, through improved energy efficiency and lower maintenance costs compared to traditional vessels. 

Yinson GreenTech CEO Eirik Barclay described the launch as a “transformative moment” for the company, he said: “We are excited to have already received expressions of interest from across the region including Indonesia, where Yinson GreenTech has begun talks with interested parties to deploy the vessel for backwater transportation of goods and electrification of local fishing vessels. 

“We are confident of reaping significant advantages from being an early mover in the race to reach net zero emissions by 2050 and we are pleased to already be in talks with supportive financing partners … potential equity partners.” 

Built by Lita Ocean, the vessel will also serve as a “living lab” for the green technology company and Goal Zero’s R&D partners, including the Singapore Institute of Technology and the Technology Centre for Offshore and Marine, Singapore, which will create a holistic digital twin of the vessel to research ways of enhancing operational efficiency and safety. 

In addition to launching the vessel, Yinson GreenTech accepted the certificate of classification for the vessel from RINA Hong Kong Limited Singapore Branch at the event, confirming that the vessel complied with RINA rules for battery-powered vessels. 

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Pranjot Chopra, SeaTech’s vice president of technology, said: “This marks a pivotal moment in Singapore’s journey towards the electrification of harbour craft. 

“We celebrate with YGT this significant achievement and foresee the Hydromover to be a catalyst in Singapore’s pursuit of a greener harbour.” 

Construction of the Hydromover began in September 2022 with the launch of the vessel initially expected in Q2 2023.