Yinson GreenTech's marine electrification business, marinEV, has secured a bareboat charter contract from OPL Services Pte. Ltd. (OPL) for Hydromover 2.0, its next-generation electric cargo vessel. The contract represents another important commercial milestone for marinEV and reflects growing confidence among maritime operators in electric harbour craft as a practical solution for port operations.
Under the agreement, Hydromover 2.0 will support OPL's cargo and logistics operations within the Port of Singapore. The vessel will operate out of Singapore's first decarbonisation hub dedicated to electric supply vessels, operated by Toll Group. The contract also includes marinEV's Marine Digital Platform (MDP), which provides operational insights to support performance monitoring, fleet management and operational optimisation.
The partnership builds on a longstanding relationship between marinEV and OPL. As one of Singapore's leading harbour craft operators, OPL was among the early industry partners involved in the development of marinEV's electric harbour craft solutions, having signed a Letter of Intent to trial Hydromover 1.0 and provided valuable operational feedback that helped shape the vessel's development.
The agreement comes as the maritime industry continues to explore practical pathways towards decarbonisation while maintaining operational efficiency. Since its commercial launch in 2025, Hydromover 2.0 has attracted growing interest from local and international operators seeking lower-emission alternatives for maritime logistics and harbour craft operations.
Commenting on the award, Jan-Viggo Johansen, Managing Director of marinEV, said:
“The award of this bareboat charter reflects the growing confidence among maritime operators that electric vessels are not only technically viable, but also a practical and commercially attractive solution for port operations. As the industry accelerates its decarbonisation efforts, we envision electric harbour craft to play an increasingly important role in supporting more sustainable and efficient port logistics. We are pleased to partner with OPL as they take this significant step towards integrating electric vessels into their operations.”
Stanley Ong, Director of OPL Services, commented:
“As a long-standing maritime operator, we are continuously exploring solutions that can enhance the sustainability and efficiency of our operations. Having worked closely with marinEV through the development of its electric harbour craft solutions, we are pleased to take this next step with the deployment of Hydromover 2.0 and contribute to the advancement of maritime decarbonisation in Singapore.”
The latest contract reinforces marinEV's commitment to supporting Singapore's maritime decarbonisation ambitions and accelerating the commercial adoption of cleaner harbour craft solutions through close collaboration with industry partners.