Its hydrofoil system reduces energy consumption by up to 80%.
Yinson GreenTech unveiled the region's first fully electric hydrofoil vessel, the Hydroglyder, during the Offshore Energy Week (OSEA) 2024 last 19 November.
Developed in collaboration with Lift Ocean and Zeabuz, the vessel is engineered to carry up to 12 passengers at a maximum cruising speed of 25 knots.
Its hydrofoil system lifts the hull above the water, significantly reducing energy consumption by up to 80% and operational costs by 90%.
Alongside the launch, Yinson GreenTech's marinEV introduced its Marine Digital Platform which enables easy booking, tracking, and reporting.
It has features including route planning and optimisation to provide a comprehensive approach to reducing emissions in short-sea shipping.
Moreover, Yinson GreenTech has secured funding from OCBC which the company said will propel the development and deployment of this technology.