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Latest Yinson GreenTech news & announcements

OSEA 2024: Pioneering offshore energy innovations

Mr. Alvin Tan, Minister of State for the Ministry of Culture, Community and Youth & Ministry of Trade and Industry, graced OSEA 2024 in Singapore on Tuesday, November 19. The three-day tradeshow welcomed more than 500 exhibitors and 15,000+ attendees from 100 countries, providing a comprehensive look at solutions and strategies driving the energy transition in the marine and offshore industries. Net-zero emissions by 2050 Tan announced a new SGD USD 100 million support package for marine and offshore engineering firms With the accelerating pace of the energy transition, Mr. Tan emphasised Singapore’s commitment to becoming a greener economy, with a goal of achieving net-zero emissions by 2050, as outlined in the nation's Green Plan. During his speech, Mr. Tan announced a new SGD$100 million support package for marine and offshore engineering companies, aimed at fostering partnership and adopting solutions in growth area, including offshore wind, floating storage, and digitalisation over the next five years. Advantage of adopting solutions As part of the OSEA Gives Back initiative, complimentary conference access was extended to members of the broader community. This initiative is designed to promote inclusivity by providing opportunities for diverse participants to engage with industry pioneers, exchange knowledge, and collaborate on innovative solutions. The conference emphasised the urgent need to accelerate the energy transition and foster global collaboration. Speakers highlighted the competitive advantage of adopting solutions now to meet regulatory targets, while stressing the need for faster adoption of transformative technologies, such as carbon capture and storage (CCS), alternative fuels and digital innovations for automation and efficiency. Low-carbon economy Chan Eng Soon, Chairman for the OSEA Advisory Committee and CEO at TCOMS Singapore Prof. Chan Eng Soon, Chairman for the OSEA Advisory Committee and Chief Executive Officer at Technology Centre for Offshore and Marine Singapore (TCOMS) commented on OSEA being at the forefront of innovation and driving sustainability.  He said: “There is work still to be done; we must embrace the energy transition, collaborate, and learn from each other, because we all play a role in the low-carbon economy.” Offshore energy market Additionally, there were exclusive content sessions ranging from Executive Networking sessions, OSEA academy and country hotspots, specially designed to provide marketing information, innovation and trends. This included highlighting specific offshore energy market and investments potentials, as well as driving connections among decision makers and experts. Initiatives on new fuels Yinson GreenTech unveiling its new electric crew transfer vessel Hydroglyder The industry’s need to decarbonise and change, has brought unprecedented challenges and opportunities to the offshore energy market. This echoed across the exhibition hall, with pioneering companies such as Seatrium discussing and highlighting initiatives on new fuels, CCS, and cleaner offshore production for marine decarbonisation, as well as initiatives showcased by the group pavilions.  Yinson GreenTech unveiling its new electric crew transfer vessel Hydroglyder, which is Singapore’s first fully electric hydrofoil vessel and marks a significant move towards sustainable marine innovation. Future of offshore energy Similarly, TechX@OSEA showcased transformative technologies, including startups shaping the future of offshore energy and driving innovation, collaboration, as well as the adoption of solutions that enhance business capabilities and sustainability. Leedon Nox reinforces its core capabilities as an industrial gas supplier with engineering and consultancy expertise ensuring reliability for customers in offshore operations, while Aramco displayed initiatives that support the future of energy, powering economies that fuel progress worldwide. Global shipbuilding collaboration Ragnar Energy Solutions signed a MOU for the construction of Crew Transfer Vessels Strategic Marine, Mirai Ships Inc., and Ragnar Energy Solutions signed a Memorandum of Understanding for the construction of Crew Transfer Vessels (CTVs) to support the growing Japanese offshore energy market and advancing global shipbuilding collaboration.  Mr. Sukumar Verma, Managing Director, Informa Markets Singapore, said: “Forging partnerships, collaboration, and community building will play a vital role in the transformation of the offshore energy industry. OSEA reinforces the power and reputation of Singapore as an important pioneer in global offshore energy and as a key maritime hub." Offshore energy community Verma added: "I am proud of how Informa Markets continues to provide an inspiring and informative platform for the offshore energy community with creative thinking to support professional development, individual wellbeing and industry growth. Thank you to all exhibitors, speakers, partners and visitors for your excellent collaboration.” OSEA will return to Singapore in November 2026. Informa Markets will host its next maritime event Sea Asia, in Singapore on March 2025 - marking its 10th edition as the premier international marketplace for the maritime industry.

Wilhelmsen & Yinson GreenTech build charging stations

Wilhelmsen Ships Service and Yinson GreenTech have signed an agreement to build a charging infrastructure for Hydromover, Singapore’s first fully electric cargo vessel, at Wilhelmsen's Pandan Loop facility in Singapore. This project aligns with ongoing efforts by the Maritime and Port Authority of Singapore (MPA) and the Singapore Maritime Institute (SMI), aiming to promote the electrification of harbour craft as part of broader industry shifts towards lower-emission solutions. Lower-emission solutions Wilhelmsen Ships Service has also achieved a milestone by completing the first delivery of a customer order onboard the Hydromover during its commercial trials in September 2024. The cargo transfer was facilitated by OPL Services, Singapore's first harbour craft operator, to trial the Hydromover, which occurred from the jetty at Wilhelmsen's Pandan Loop facility to a receiving vessel on anchorage. Expressing optimism about the future, Wilhelmsen Ships Service plans to continue collaborating with Yinson GreenTech, a key player in providing sustainable technology solutions for the maritime industry.

Revealing next-gen autonomy, AI tech & decarbonisation at APM '24

In just two weeks, the highly anticipated 18th edition of Asia Pacific Maritime (APM) is set to herald the largest gathering of the global maritime value chain in Southeast Asia. Networking and delegation visits From 13 to 15 March 2024, over 1,400 global brands will be present at the conference and exhibition, spanning 17 pavilions across six expansive halls of Singapore's Marina Bay Sands.   From closed-door networking sessions and delegation visits to product launches and business announcements, APM 2024 will serve as a platform for fostering tangible connections and sharing insights that will propel the maritime industry forward in today's landscape of transformative changes driven by technology, climate imperatives, and shifting geopolitical landscape.   APM 2024 Conference   The main stage will focus on tackling growth and business potential in maritime Close to 120 industry experts from Singapore and across the world will share their insights and expertise in Sustainability, Digitalisation, Cybersecurity, Next Gen Ports, and Operational Excellence across two stages on the floor.  The main stage will focus on tackling growth and business potential in maritime, while the innovation stage will present case studies, pioneering innovations, and inspiring visions to help companies overcome challenges in business growth.    Keynote panel discussion At the heart of the APM conference will be a keynote panel discussion titled "A Net Zero Carbon Maritime Industry – Will We Ever Get There?" as the first session at the Main Stage on 13 March 2024. The panel will bring together some of the key pioneers in the industry to discuss regulatory and policy frameworks and dissect the industry's trajectory toward carbon neutrality, examining challenges, opportunities, and the feasibility of achieving this ambitious goal.  Panelists for the event They include Andreea Miu, Head of Decarbonisation, The Sustainable Shipping Initiative; Douglas Raitt, Area Commercial Manager Singapore, Southeast Asia & Australasia, Lloyd's Register; Capt. Hari Subramaniam, Chairperson, The Nautical Institute (Singapore) & Regional Head of Business Relations, The Shipowners Mutual P&I Association (Luxembourg) (Singapore Branch); Jason Chia, Assistant Vice President, Global Design Centre, Seatrium; Kenneth Lim, Assistant Chief Executive (Industry & Transformation), Maritime & Port Authority of Singapore (MPA); Dr. Sanjay Kuttan, Chief Technology Officer, Global Centre for Maritime Decarbonisation; Torben Nørgaard, Chief Technology Officer – Energy & Fuels, Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping; Toshikazu Shiomi, Senior Vice President, Ocean Network Express.   Maritime digitalisation and decarbonisation Kenneth Lim, Assistant Chief Executive (Industry & Transformation), Maritime and Port Authority of Singapore (MPA), commented, "Singapore, as a forward-looking maritime hub, has been at the forefront driving digitalisation and decarbonisation for the maritime industry." "We look forward to meeting like-minded individuals and organisations from all over the world to discuss achieving net-zero emissions through technological innovations alternative fuels, regulatory frameworks, and collaboration among industry stakeholders. MPA looks forward to contributing to the global efforts in transforming the maritime industry and combat climate change.”  Investments in alternative fuels "We must relentlessly continue our ambition to decarbonise by the 1.5°C target. A substantial increase in upstream investments in alternative fuels is critical for the maritime decarbonisation journey," said Torben Nørgaard, Chief Technology Officer – Energy & Fuels, Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping.  "I am looking forward to sitting down with other maritime pioneers at APM 2024 to bring these discussions forward." Conference sessions Sessions curated for the conference, which is sponsored by ABS WaveSight, Convera, DNV, Roxtec, Yinson GreenTech, ARI Simulation, and Siemens Energy, include: Market Intelligence: Shipping Outlook for 2024 and Beyond – What Lies Ahead  Is the Maritime Sector Struggling to Innovate?  Developing a Future-Ready Maritime Workforce  Green Shipping Corridors: Fostering Eco-Friendly Transportation Networks  Rise of Green Ammonia: What is Needed to Make it a Success?  Growth and decarbonisation strategies Exploring opportunities for collaboration to establish a green maritime plan involving electrification Industry veteran Carmelita Hartoto, Chairwoman of the Indonesia Shipowners' Association (INSA) and Chair of the Federation ASEAN Shipowner's Association (FASA), will be speaking on the opening day. Her session on “Indonesian Maritime Future Energy – Opportunities and Challenges” will focus on the industry’s status, growth forecasts, and decarbonisation strategies while also exploring opportunities for collaboration to establish a green maritime plan involving electrification and green hub development.  Speakers at the conference Other speakers attendees can look forward to seeing:  Ashish Mediratta, Head of Crewing, A.P. Moller Maersk  Dr. Chunwee Ng, Associate Professor, Singapore Institute of Technology  Elizabeth Petit Gonzalez, Head of Partnerships, The Sustainable Shipping Initiative  Jan-Viggo Johansen, Managing Director, Marine, Yinson GreenTech  Murthy Pasumarthy, Assistant Vice President, Technology & New Product Development, Seatrium  Norberto Barlocco, Head of Operations for Electrical, Automation & Digitalisation South West Europe, Siemens Energy   Sanjay Verma, Director, Decarbonisation Solutions, Wärtsilä  Satellite Mobility World seminar The Satellite Mobility World seminar will delve into the latest advancements in maritime broadband communications Separately, the Satellite Mobility World seminar happening on the afternoon of 14 March at the Innovation Stage will delve into the latest advancements in maritime broadband communications. Titled "Unlocking The Future of Broadband at Sea: How Multi-Orbit Connectivity Is Propelling Maritime Forward", the sessions will be led by Speedcast, OneWeb, Intellian, Kymeta, Intelsat, and Iridium. Attendees can expect discussions on cutting-edge technologies like Low-Earth Orbit (LEO) services, flat panel antennas, and multi-orbit constellations shaping the future of maritime connectivity.  Innovative solutions at APM  As the maritime industry prepares for a significant surge in the adoption of technologies such as autonomous vessels, drones, additive manufacturing, smart coatings, artificial intelligence (AI), digital twins, hydrogen fuel cells, carbon capture, and more, APM will stand as a pivotal platform for the unveiling of such solutions to drive the industry forward.  Attendees can expect to see 1,400 pioneering brands, including Amogy, CALB Group Co., Ltd, Damen Shipyard, Durapower, EST-Floattech, EVE Energy Storage Co., Ltd, Fincantieri, Siemens Energy, ST Engineering Ventures, Tersan Shipyard, VertiDrive and many more.  Some of the key activities on-site will include:   Nippon Paint (Stand B-M16) will launch two groundbreaking products that promise to redefine the maritime coating industry. AQUATERRAS hailed as the world's first biocide-free self-polishing coating, offers exceptional long-term fouling protection while being environmentally friendly, thanks to its unique micro-domain structures. Complementing this is FASTAR, a new generation antifouling paint utilising nano-binder technology, delivering high performance while aiding emissions abatement and energy efficiency targets.  Flyability will be showcasing the Elios 3 drone at their stand C-E42. Renowned for its safety and efficiency in inspection use, the Elios 3 will be demonstrated on its applications in maritime operations.   Enhancing national and regional shipping Carmelita Hartoto will also lead a contingent of Indonesian shipowners to APM 2024. She shared, "In my role as Chairwoman of INSA and Chairperson on ASEAN Shipowners, my mission is to enhance national and regional shipping with international stakeholders."  "Indonesia's and ASEAN’s shipping industry has been growing significantly in recent years, so there is no better time to present ourselves on the world stage to enhance global awareness of our capabilities and needs. For APM, I am looking forward to having our shipowners network and prospect with companies from all over the world and to learn from all the different stakeholders in the maritime sector."  Sustainability in maritime "After weathering the storm of the global pandemic, the resurgence of APM in its grandest form is a testament to the unwavering resilience and determination of our maritime community and the pivotal role of APM, which has been supporting the ecosystem for the last three decades," said Yeow Hui Leng, Group Project Director, RX, the organiser of APM.   "We look forward to welcoming participants from around the globe as we embark on this journey towards a more sustainable and prosperous maritime future." All registered professionals for APM 2024 will be granted free access to both the exhibition and conference floors.

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