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Yinson GreenTech secures second Singapore Hydromover charter
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PETALING JAYA: MarinEV, Yinson GreenTech’s marine electrification business, has secured a one-year bareboat charter with HHH Marine & Logistics for Hydromover 1.0, marking its second Hydromover commercial charter in Singapore in less than a month.

In a statement, Yinson GreenTech, a unit of Yinson Holdings Bhd, said the agreement follows marinEV’s July 2026 bareboat charter of Hydromover 2.0 to off-port limits services and expands the commercial deployment of the hydromover platform across another maritime operator and operating profile within the Port of Singapore.

“Commencing on Aug 17, 2026, Hydromover 1.0 has been deployed in HHH Marine’s day-to-day maritime logistics operations, transporting ship supplies from port terminals to vessels at anchor.

“The charter has an initial term of one year, with options to extend. The deployment also includes the Marine Digital Platform, marinEV’s proprietary digital intelligence platform for fleet management, performance monitoring and operational optimisation.”

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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