Yinson GreenTech secures second electric cargo vessel charter in Singapore
Yinson GreenTech’s MarinEV unit has secured a second one-year bareboat charter for an electric cargo vessel named Hydromover in Singapore, with options to extend. The deal follows an earlier charter and includes fleet-monitoring technology, and reports say the vessel has undergone battery upgrades after trials.
What happened
Yinson GreenTech’s MarinEV business signed a one-year bareboat charter for the electric cargo vessel Hydromover with HHH Marine and Logistics in Singapore. The arrangement covers the ship supplying stores to vessels at anchor from port terminals, and it is one of two commercial charters MarinEV has secured in Singapore within a short period. The Hydromover began service on August 17, 2026, and the contract includes options to extend the term. A prior deal was with OPL Services for Hydromover 001, which started on July 22, 2026, ahead of the HHH Marine charter.
Key facts about the arrangement
• Vessel: Hydromover (electric cargo vessel) operated by MarinEV under Yinson GreenTech.
• Purpose: Carry supplies from port terminals to ships at anchor in the Port of Singapore.
• Term: One-year bareboat charter with potential extensions.
• Technology: Charter includes fleet-monitoring capabilities; battery upgrades were completed after trials.
• Timeline: Hydromover began service August 17, 2026; second charter announced within roughly a month of the first.
Who is affected
Entities directly involved include Yinson GreenTech (MarinEV), HHH Marine and Logistics (the chartering company), and operating partners such as OPL Services (previous charter). Staff and contractors supporting electric-vehicle operations in Singapore ports may observe increased activity around service ships at anchor. Vessel operators and port customers using Hydromover for onboard resupply are the primary beneficiaries of the arrangement.
Practical next steps for readers
For readers tracking maritime electrification: monitor statements from Yinson GreenTech and HHH Marine for updates on additional charters or further battery upgrades. If you are in port operations, note the potential for continued use of electric support vessels to reduce emissions and fuel use. Analysts may look for performance metrics from fleet-monitoring reports, such as reliability, charging times, and service coverage. For investors or stakeholders, watch for any extension options exercised and how this fits MarinEV’s broader business strategy in Asia-Pacific ports.
Which sources did Setup in Bahrain review?
Setup in Bahrain reviewed the following source material before preparing this explanatory article.
The links remain visible so readers can inspect the evidence, compare dates and context, and confirm current requirements with the relevant authority.
- bairdmaritime.com — evidence source reviewed for this article.
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