Yinson Green Technology (YTG), an environment-friendly technology financial investment branch of the Malaysian FPSO titan Yinson, has actually introduced its tactical financial investment in a Norwegian start-up focusing on self-governing options for the maritime sector called Zeabuz.
“The investment provides the foundation for YGT to work closely with Zeabuz in the development of autonomous solutions for YGT’s future fleet of electric vesselsm,” Yinson stated, without sharing details on the dimension of the financial investment.
Eirik Barclay, Chief Executive Officer of YGT, stated, “We recognise the enormous potential of autonomous vessels and see Zeabuz as being well placed to become a leader in this segment.”
” Following this investment, we look forward to collaborating closely with Zeabuz to bring highly innovative autonomous vessel solutions to the Singapore market.”
YGT intends to include Zeabuz’s options in its electrical vessels and also use these innovations to increase the safety and security and also performance degrees of the vessels while decreasing the manning needed throughout traveler and also freight transport.
Zeabuz Chief Executive Officer & & Co- owner Erik Dyrkoren commented, “We are pleased with YGT onboarding as a partner with Zeabuz to realise waterborne mobility of the future. Our technology enables our customers to offer safer and more efficient operations while enabling entirely new mobility concepts such as urban waterborne mobility with reduced crew.”
Zeabuz was started in 2019 as a spin-off from the Norwegian University of Science and also Technology’s modern study centre for self-governing aquatic procedures and also systems. The firm has actually created an exclusive freedom system that “is scalable, certifiable, and suitable for both new designs and retrofit of existing vessels.”
Their organization design is to give autonomy-as-a-service to drivers of smaller sized vessels.
As for YTG, in 2020, Yinson developed it as its Green Technologies Division, concentrated on buying brand-new innovations and also organization locations that make it possible for the worldwide change to a low-carbon setting, with financial investments in the marine, flexibility, and also power sectors.
