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Marine & Industrial Report (April - June 2026)

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MDDI (P) 058/02/2026 ISSN 0218-4788

VOL 48 NO. 2

APR-JUNE 2026

$5.00

MOL, PSA form ro-ro terminal joint It is set to operate in the first half of the year. Singapore

MOL will use its global service network whilst PSA will operate

Hydromover 2.0 scales M port electrification The vessel is 24 metres long, roughly 25% longer than the previous model

The electric cargo vessel triples range and increases payload. Singapore

H

ydromover 2.0, an allelectric cargo transfer vessel designed by Incat Crowther Pty Ltd., has begun commercial operations in Singapore, marking a step towards replacing diesel harbour craft in port logistics. The vessel, commissioned for marinEV, a unit of Yinson GreenTech Pte Ltd, is designed to move cargo between ships and port terminals using battery power rather than conventional fuel. Operators are watching its performance as ports explore electrification to cut emissions and operating costs.

Deployment is also 25% longer than the previous planned in the United Arab model, and is designed for daily Emirates (UAE). harbour operations. A bareboat charter agreement Sam Mackay, technical with Yacht International manager at Incat Crowther, Company LLC is scheduled said the vessel could reach full for delivery by mid-2026. charge in about an hour and A memorandum of a half, allowing repeated trips understanding between Yinson within a working day. GreenTech, Yacht International Its range has increased by UAE and Wilhelmsen Port more than three times to Services will support the about 130 nautical miles (241 introduction of electric harbour kilometres) per charge, whilst vessels in UAE ports. payload capacity has risen by Hydromover 2.0 replaces 50% to 30 tonnes. Cargo deck the earlier Hydromover 1.0 space has expanded by 75% to prototype and expands both 70 square metres. range and cargo capacity. The The vessel can carry 12 Continue on page 2 vessel is 24 metres long, roughly

itsui O.S.K. Lines expected to enhance terminal Ltd. (MOL) and service reliability for MOL’s PSA Singapore have ro-ro services, whilst securing formed a joint-venture rolong-term terminal capacity ro terminal in Singapore to to support its growing enhance operational quality automobile transport demand. and unlock greater synergies “This investment is an in global automobile important part of MOL’s logistics, the companies regional strategy to expand announced in a press release. beyond shipping, alongside Through this partnership, our marine transportation MOL will leverage its extensive services, and to grow our global service network, automotive business. By whilst PSA will contribute combining the strengths of its expertise as a terminal MOL and PSA in this joint operator, strengthening their venture, we will enhance long-term collaboration scale and efficiency whilst through terminal operations. driving sustainability and The companies will also digital innovation. This deepen their collaboration investment reflects MOL’s across three key areas: commitment to stronger operational optimisation, industry partnerships and digital innovation, and a more sustainable global sustainability leadership. supply chain. Together, These efforts align with PSA’s we aim to deliver even vision of connecting its nodes higher-quality automotive into a synchronised network, transportation services to alongside MOL’s “Blue Action our customers,” said Jotaro 2035” management plan. Tamura, senior managing The partnership is also executive officer at MOL.


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