Norway and Singapore sign agreements on green maritime technology

Norwegian companies Evoy and Pascal Technologies have signed a letter of intent (LoI) with Singapore’s Lita Ocean and SeaTech Solutions International to develop a fully electric high-speed harbour craft specifically designed for Singapore’s maritime landscape.

The project envisions developing a fully electric passenger harbour craft that will integrate technologies like advanced electric propulsion and air lubrication systems to maximise energy efficiency and performance.

The Maritime and Port Authority of Singapore (MPA) has mandated that all harbour craft to become fully electric, be capable of using B100 biofuels, or be compatible with net zero fuels such as hydrogen by 2030.

The second agreement, which encompasses the wider Asian maritime sector, is a memorandum of understanding (MoU) between Singapore-based green technology solutions provider Yinson GreenTech and Evoy which aims at driving collaboration in regional marine electrification.

Under the MoU, Yinson GreenTech will combine its electrification solutions with Evoy’s electric propulsion systems to support the conversion of internal combustion engine (ICE) vessels to electric power and foster the development of new electric vessels. 

This partnership will focus on advancing the transition to a more sustainable maritime industry, with the shared goal of exploring new opportunities, collaborating on upcoming projects, and playing a key role in the broader transition to greener shipping solutions in Asia. 

“As a proud partner in this Norway-Singapore initiative, Evoy is excited to bring our high-performance electric propulsion systems to Singapore’s maritime landscape,” Mads Roland-Glimsholt, Business Development Manager at Evoy.

“We are committed to setting new standards in sustainable harbour craft and working with our partners to support a greener future in maritime transport.”