Yinson GreenTech (YTG), a green tech investment branch of the Malaysian FPSO giant Yinson, has announced its strategic investment in a Norwegian startup specializing in autonomous solutions for the maritime industry called Zeabuz.
As explained, YGT plans to incorporate Zeabuz’s solutions in its electric vessels and utilize these technologies to boost the safety and efficiency levels of the vessels while reducing the manning required during passenger and cargo transportation. However, the company has not shared further information on the size of the investment.
Eirik Barclay, Chief Executive Officer of YGT, said: “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.
Zeabuz Chief Executive Officer & Co-founder 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.”
