A new green energy consortium launched in Singapore hopes to answer the Port Authority of Singapore’s (MPA’s) call for electric harbour craft operations within its waters.
The consortium is being led by Singaporean company Cyan Renewables, which has stated its intention to own and operate a fleet of modern offshore wind farm support vessels worth an estimated US$1 billion, including service operation vessels (SOVs), wind turbine installation vessels (WTIVs) and cable-laying vessels (CLVs). Cyan Renewables is joined by class society Bureau Veritas Marine (Singapore), port management agency PSA Marine and domestic boatbuilder Strategic Marine.
The consortium has also attracted electric propulsion/energy storage systems and charging solutions specialist Sea Forrest to its ranks, as well as bunker supplier Victory – whose director, Maureen Chan, comments: “We are working towards operating floating chargers to complement onshore charging. By providing electric ‘pit stops’ on operational routes, we hope to extend the range for electric vessels to provide operational flexibility and route optimisation.” The consortium line-up is completed by app developer SeaCabbie, developer of a ride-hailing application for Singapore-based water taxis.
The venture is also receiving support from liner shipping giant Pacific International Lines (PIL). Lee Keng Lin, founding CEO at Cyan Renewables, says he expects the consortium’s efforts to “ease the green energy transition for Singapore’s maritime sector” and to foster “quality shipbuilding, flexible financing and customer access”.
