This new partnership is set to electrify the shipping industry in Singapore and Malaysia – an important step towards decarbonizing the maritime sector as a whole.
October 11th, 2022 (Vancouver/ Unceded Territories of the Musqueam, Squamish, and Tsleil-Waututh Nations) – Shift Clean Energy (Shift) announces today that they have entered into a partnership with Red Offshore Industries — a leader in integrated shipping systems.
Brent Perry, CEO and founder of Shift, commented: “Partnering with Red Offshore is a huge feat and a major step towards scaling up our decarbonization impact. We are proud to be Red Offshore’s ESS provider for Singapore and Malaysia. We believe that together we can offer the safest and most robust solutions for the maritime industry, while powerfully driving this complex industry towards net zero. ” Kervin Goh, the Regional Sales Manager of Red Offshore, commented: “We are pleased to work alongside Shift to offer the shipping industry the safest technology. It is partnerships like these with leading-edge organizations that are going to show the maritime industry that we don’t have to sacrifice reliability or safety to cut carbon emissions.”
Shift has continued to innovate and lead with safety within the marine industry. In September, the company revealed its proprietary ESS technology will be used in 17 new hybrid and electric tugboats to effectively reduce emissions and harmful NOx gas, whilst continuing to support efficient operations. The same month it was also announced that Shift’s PwrSwäp technology will be used to power the first all-electric battery swapping vessel, the Hydromover in the Port of Singapore, one of maritime’s leading ports – a significant step forward for battery technology and alternative energy solutions. This new partnership with Red Offshore marks an important milestone for Shift as their presence as industry leader continues to grow within the clean energy sector. Shift is rapidly growing with headquarters in the US, UK, and the Netherlands and Shift is currently in the process of building a headquarters in Singapore.
About Shift Clean Energy: Shift Clean Energy provides energy storage solutions to decarbonize the marine transport industry and other hard-to-abate sectors. Shift enables customers to meet their climate action and ESG goals with clean energy solutions based on leading-edge energy storage systems. Understood to be the safest and most reliable energy storage solutions on the market today, and the first commercial marine solutions company to offer pay-as-you-go PwrSwäp subscription energy systems. Customers save money from day one through electrification, integrating ESS and renewable energy for both commercial and maritime applications. Shift now has offices in the US, UK, and the Netherlands, with a new office under construction in Singapore. Join us on our mission to zero emissions.
About Red Offshore: Red Offshore industry provides high quality integrated systems to maritime vessels. Established in Singapore in 2013, Red Offshore is headquartered in Singapore with office in India, and sales representation in Australia, Myanmar, Vietnam, Thailand, Malaysia, Indonesia. serving the Marine and Offshore Industry. Red Offshore’s range of products ranging from system integration, deck machineries and turnkey ballast water management system (BWTS).
Shift Clean Energy has once again expanded its team, welcoming Lasse Agger Antonisen as its new Head of Solutions for EMENA in August, and Sietse Nap as Vice President of Energy Solutions in September.
With a wealth of experience in sales, commercial development, and marine and offshore industries, Lasse joined the team this summer as the Head of Solutions for EMENA. Lasse will be driving the development of the company’s ESS solutions, providing consultative support to Shift’s customers, and leading the solutions team itself.
“Seeing the purpose-driven model Shift has established is what makes it clear that the company will continue to be successful,” says Lasse. “Commercialism is a multi-faceted thing: it’s built on return-on-investment, longevity, business and operational needs. And in this case, regulatory requirements. This is what Shift has managed to develop, a solution which meets each of these objectives, and that has unique selling points .
“There is a lot to be done here, and I’m keen to get stuck in, It is great to see that the internal buy-in is already there, the teams understand and care about the goal of the business. From top to bottom.”
Sietse, who joins Shift with over a decade of sales, marine and energy experience, will focus largely on the market development and adoption of PwrSwäp, the industry’s first pay-as-you-go energy subscription service. Working closely with Shift’s teams and customers in tandem, Sietse will oversee the end-to-end adoption of PwrSwäp, globally.
“What struck me the most was the product,” said Sietse. “I’ve spent time in roles where I felt less enthusiastic about the product, and what it worked towards. But with Shift, PwrSwäp is something totally new to the industry. It’s captured the need to adopt alternative energy solutions for reduced emissions, without sacrificing profits – which is the precise algorithm businesses are looking for.”
“We’re at the start of something truly exciting here. In 10 or 15 years, I want to be able to say that we’ve pioneered electrification. And I know we will do just that.”
“It’s no coincidence that Lasse and Sietse have joined us at a time of exponential growth for Shift,” said Brent Perry, CEO and co-founder of the company. “We’re seeing a vast number of businesses opt for battery technology to hybridise or fully electrify their operations. Keeping up with that level of demand requires our own operations to expand at a consistent pace. Which they are.”
News about the growing team follows Shift’s recent announcements of their growing partnership network. In the past two weeks, the company revealed its proprietary ESS technology will be used in 17 new hybrid and electric tugboats to effectively reduce emissions and harmful NOx gas, whilst continuing to support efficient operations.
It was also announced that PwrSwäp will be used to power the first all-electric battery swapping vessel, the Hydromover in the Port of Singapore, one of maritime’s leading ports – a significant step forward for battery technology and alternative energy solutions.
“We push the envelope at Shift – I think that’s always been clear. We do things differently, see things differently, grow differently from other energy providers. Lasse and Sietse fit into that need extremely well, and it’s already clear they’ll each be bringing valuable knowledge and experience to our solutions – Lasse at the helm to steer progress, and Sietse as an integral facilitator of our PwrSwäp solution.”
The industry’s first pay-as-you-go energy subscription service streamlines the transition from diesel to electric, leading with safe and reliable clean energy storage solutions to decarbonize the marine industry, today.
September 28th, 2022 (Vancouver, Canada / Singapore) – Shift Clean Energy (Shift) today announced its involvement in the first all-electric battery swapping vessel in the Port of Singapore. The news was shared today at a keel laying ceremony, led by SeaTech Solutions International (SeaTech), Yinson GreenTech (YGT), and Goal Zero consortium members, announcing the start of construction on the first all-electric cargo vessel in the Port of Singapore – the Hydromover.
The all-electric Hydromover, owned by YGT and designed by SeaTech, will be the first to use Shift’s PwrSwäp technology, the first pay-as-you-go energy subscription-service that provides instant clean, renewable energy to ships without risk or obligations. Shift’s industry leading PwrSwäp technology streamlines the transition from diesel powered to hybrid or fully electric, changing the game for energy storage in the marine industry.
The Hydromover will be the most economical and environmentally-friendly option for cargo vessel crafts. Reducing fuel costs by approximately 77% and saving approximately 752 tonnes of greenhouse gas emissions (GHG) from the atmosphere.
Brent Perry, CEO and founder of Shift, commented: “We are thrilled to be a part of this momentous day and are honoured to be a member of the Goal Zero consortium. It’s never been more critical to decarbonize the marine industry and partnerships like these are integral to moving the needle on decarbonization. PwrSwäp’s industry leading, safe and clean technology will play a vital role in revolutionizing the operations of the harbor craft sector in the Port of Singapore and beyond and helping the maritime industry meet IMO’s greenhouse gas emission targets for 2050.”
Yinson Executive Vice President New Ventures and Technology, Mr Eirik Barclay, said: “Goal Zero is made up of like-minded and synergistic partners who are fully committed to helping the marine industry transition to net zero. Since being awarded the grant, we have achieved many important milestones, which have culminated in today’s keel laying to mark the official commencement of construction. We are very pleased with our rapid progress and are looking forward to launching our pilot vessel by the second quarter of 2023, way in advance of the original 5-year schedule planned for the program. This not only gives Goal Zero a head start to roll-out our all-electric cargo vessel, but it is also an important contribution to Singapore’s goals for all domestic harbour crafts to operate on low-carbon energy solutions by 2030 and to halve carbon emissions from these vessels by 2050.”
The Goal Zero consortium received one of the three grants awarded by Maritime Port Authority and the Singapore Maritime Institute in August 2021 to research, develop, deploy and commercialize a fully electric cargo vessel with swappable battery infrastructure solutions. Following the extensive research and design phase, the vessel will go into construction and is expected to be finalized and launched in the second quarter of 2023 and ready for commercialisation in 2024.
To date, around 100 vessels have registered interest for PwrSwäp and 12 locations are planned to open by mid-2023.
About Shift Clean Energy: Shift Clean Energy provides energy storage solutions to decarbonize the marine transport industry and other hard-to-abate sectors. Shift enables customers to meet their climate action and ESG goals with clean energy solutions based on leading-edge energy storage systems. Understood to be the safest and most reliable energy storage solutions on the market today, and the first commercial marine solutions company to offer pay-as-you-go PwrSwäp subscription energy systems. Customers save money from day one through electrification, integrating ESS and renewable energy for both commercial and maritime applications. Shift has offices in the US, UK, and the Netherlands, with a new office under construction in Singapore. Join us on our mission to zero emissions.
About Yinson Green Technologies: Yinson GreenTech (YGT) is a green technology solutions provider that delivers clean, integrated and technology-enhanced ecosystem across the marine, mobility and energy segments. YGT invests in novel green technology ideas and sustainable solutions and collaborates with like-minded partners in its key geographical markets to deliver integrated digital solutions and platforms that connect its smart green technology assets and green infrastructure to fully support its customers’ transition into a net-zero future. YGT is a wholly-owned subsidiary and the green technologies division of the global energy infrastructure and technology company Yinson Holdings Berhad, which is listed on the Main Market of Bursa Malaysia Securities Berhad.
About Goal Zero consortium: “Goal Zero” consortium brings together the diverse expertise of 13 enterprises and research institutes. Project Lead SeaTech takes on the roles of vessel designer and system integrator, while Yinson Green Technologies is responsible for overall programme management and commercialisation. Other consortium members include Shift Clean Energy as battery technology partner, Rina Hong Kong Limited Singapore Branch as classification society, industry partners Batam Fast Ferry, Bernhard Schulte (Singapore) Holdings, DM Sea Logistics, Marina Offshore, Kenoil Marine Services, Lita Ocean Pte Ltd and Jurong Port and research institutes Singapore Institute of Technology and Technology Centre for Offshore and Marine Singapore.
Hybrid and fully electric tugboats are set to decarbonize the marine industry with Shift’s safe, reliable and clean energy storage solutions.
September 28th, 2022 (Vancouver/ Unceded Territories of the Musqueam, Squamish, and Tsleil-Waututh Nations) – To date, Shift Clean Energy (Shift) has been selected to supply it’s industry leading energy storage systems (ESS) to 17 new hybrid and electric tugboats in a major step forward for decarbonizing the marine industry. Customers Include Vallianz and ZEEboat for fully electric tugboats, and soon to be named customers for large scale Hybrids set to begin operations in 2023 and 2024.
An electric tugboat has economical and environmental advantages. An operational e-tug will reduce at least 150 tons of nitrogen oxide (NOx) and 2,000 tons of carbon dioxide (CO2) emissions annually versus a conventional tug. This is equivalent to removing 500 typical passenger vehicles from the road.
Brent Perry, CEO and founder of Shift commented: “We are seeing customers and designers gravitate towards our solutions due to their inherent reliability, long life, and safe operations, the SHIFT powered tugboats are all equipped with built in fire detection and fire prevention systems. Safety and industry leading cost efficiency are at the core of delivering these projects.”
“Shift is thrilled to have been selected to supply these tugboats with clean, efficient energy. As an organization we are proving that decarbonization with our ESS systems is simple to implement and reaps a myriad of environmental and economical benefits. Shift is excited to continue decarbonizing ports and electrifying the shipping industry.”
Shift has partnered with various technology leaders since their inception, including Yinson on the recent Hydromover launch in Singapore, Vallianz on its E-tug project in manufacture now, and ISS on the all-electric Zeeboat. Shift is committed to continuously collaborate with industry innovators to reduce greenhouse gas emissions. Shipping currently contributes to 3% of the world’s climate-warming CO2 – Shift is pushing to change that percentage to 0.
Brent Perry, CEO and founder of Shift commented: “Time is of the essence. We have to be tenacious and work with visionary leaders to create a zero emissions industry. We have to act now and the 17 tugboats that will be using our ESS systems are a step in the right direction.”
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About Shift Clean Energy:
Shift Clean Energy provides energy storage solutions to decarbonize the marine transport industry and other hard-to-abate sectors. Shift enables customers to meet their climate action and ESG goals with clean energy solutions based on leading-edge energy storage systems. Understood to be the safest and most reliable energy storage solutions on the market today, and the first commercial marine solutions company to offer pay-as-you-go PwrSwäp subscription energy systems. Customers save money from day one through electrification, integrating ESS and renewable energy for both commercial and maritime applications. Shift now has offices in US, UK, and the Netherlands, with a new office under construction in Singapore. Join us on our mission to zero emissions.
Shift is leading with safety to deliver clean energy storage solutions to the marine industry with the most Type Approvals on the market
September 13th, 2022(Vancouver/ Unceded Territories of the Musqueam, Squamish, and Tsleil-Waututh Nations) – Shift Clean Energy (Shift) announces today that it has received Type Approval from both the Indian Register of Shipping (IRS) and Japanese Marine Standards (NK) for its energy storage system. Shift energy storage systems (ESS) now have the most Type Approvals on the market.
Shift’s lithium-ion battery-based ESS are used for hybrid or fully electric propulsion systems for marine, offshore and inland waterway applications alongside land-based industrial and renewable energy applications. Shift batteries rank among the safest in the world due to Shift’s patented integrated cooling system, with each battery cell encased in its own cooling channel.
Brent Perry, CEO and founder of Shift, commented: “We are proud to lead the market with our energy storage systems that have received the most Type Approvals on the market for safety and quality standards. At Shift, safety is our number one priority. Our focus has always been on building the safest and most robust energy storage solutions to electrify and decarbonize.”
In March 2022, Shift Clean Energy received approval from the US-based classification society American Bureau of Shipping (ABS) for its energy storage solution (ESS). In 2021, Shift announced its approval certification under new 2020 class rules for commercial vessel batteries set out by classification society DNV GL – one of the first energy storage solutions (ESS) providers to adhere to the new testing standard.
Shift is a leading supplier of clean energy solutions to the marine market and beyond, with offices and channel partners in Canada, the US, Europe, India, Asia, the Middle East and New Zealand. Shift is responsible for some of the first electrified vessels in the market, including the first electric ferry in southern Europe in Aveiro, Portugal, and a pilot program to electrify harbour vessels at the Maritime and Port Authority of Singapore.
About Shift Clean Energy:
Shift Clean Energy provides energy storage solutions to decarbonize the marine transport industry and other hard to abate sectors. Shift enables customers to meet their climate action and ESG goals with clean energy solutions based on leading-edge energy storage systems. Understood to be the safest and most reliable energy storage solutions on the market today, and the first commercial marine solutions company to offer pay-as-you-go PwrSwäp subscription energy systems. Customers save money from day one through electrification, integrating ESS and renewable energy for both commercial and maritime applications. Join us on our mission to zero emissions.
Two industry-leading technologies are coming together to future-proof electric propulsion and energy storage for commercial and naval ships
September 08, 2022(Vancouver, Canada / Gjerdsvika, Norway) – Shift Clean Energy (Shift) joins forces with a new Norwegian partner STADT, a leading vendor and system integrator of electric propulsion, to deliver sustainable propulsion and energy storage solutions to the marine industry.
Shift is enabling the marine industry to transition to zero-emission with safe and efficient battery systems. Shift’s lithium-ion battery-based ESS are used for hybrid or fully electric propulsion systems for marine, offshore and inland waterway applications. Shift’s unique cooling system provides maximized benefits to customers looking to electrify propulsion systems in the marine sector.
STADT Lean Propulsion® delivers efficient, reliant and noise-free propulsion systems designed for the lifetime of the vessel. STADT propulsion technology can be interfaced with future and new power-sources of any kind. STADT has supplied electric propulsion and own drive technology to more than 150 vessels in their global operations.
Brent Perry, CEO at Shift shares, “Partnerships like these are essential for the decarbonization of the marine transport industry. We are proud to announce our new Norway-based partner STADT, as a leading vendor and system integrator of electric propulsion, this partnership will offer our customers reduced operations costs with a high focus on safety and security. It will also support the industry’s vital transition to zero-emissions.”
Hallvard Slettevoll, CEO at STADT NAVAL AS shares, “I am confident that Shift and STADT will continue to grow together to supply sustainable solutions to the industry while helping to meet requirements from commercial and naval shipowners. We are ecstatic to have formed this partnership with Shift, as pioneers in our own fields our complementary technologies will push forward the electrification of the shipping industry.”
Shift is a leading supplier of clean energy solutions to the marine market and beyond and is responsible for some of the first electrified vessels in the market, including the first electric ferry in southern Europe in Aveiro, Portugal, and a pilot program to electrify harbor vessels at the Maritime and Port Authority of Singapore.
About Shift Clean Energy:
Shift Clean Energy provides energy storage solutions to decarbonize the marine transport industry and other hard to abate sectors. Shift enables customers to meet their climate action and ESG goals with clean energy solutions based on leading-edge energy storage systems. Understood to be the safest and most reliable energy storage solutions on the market today, and the first commercial marine solutions company to offer pay-as-you-go PwrSwäp subscription energy systems. Customers save money from day one through electrification, integrating ESS and renewable energy for both commercial and maritime applications. Join us on our mission to zero emissions.
About STADT:
STADT AS is an innovative manufacturer and system-integrator within the area of Electric Propulsion. The company has for over 35 years developed and produced several generations of AC propulsion- drives, and aims its solutions and professional services towards commercial and navy vessels of any size. STADT has launched its disruptive and latest generation AC drive technology under the brand STADT Lean Propulsion®. The technology and solution is patented, with unique features including silent stealth operation and very high efficiency due to low electric power loss in the AC drive.
The technology has proven very robust, and reliant with an expected lifetime of +30 years. Low service and maintenance costs will secure ship-owners low operational costs over the lifetime of any vessel. (www.stadt.no)
New COO to support Shift’s growth with increased market demand for the safest battery in the industry
Shift is pleased to announce the growth in its executive team with the addition of Mark Hughes as Chief Operating Officer.
Mark brings a background in manufacturing and supply chain management, and a wealth of international experience growing companies and leading operational improvement programs across a range of industries, from automotive to aerospace. He will support Shift in its growth to provide the marine and industrial industries with energy storage solutions, as the world moves to decarbonize through electrification.
The appointment follows a period of significant growth for Shift, with an increase in demand for energy storage solutions with the highest possible standards for safety.
Brent Perry, founder and CEO of Shift, said: “Mark’s experience in manufacturing and supply chain management will be vital in supporting our growth. We are thrilled to welcome Mark to the team.”
Mark Hughes, new COO, Shift, shared: “I am delighted to be joining a company that’s goal is to decarbonize a whole industry. The maritime industry is a significant contributor to the climate crisis, accounting for 3 percent of the world’s CO2 emissions. At Shift, our mission is to transition the industry to zero emissions. I am proud to be part of a team delivering clean energy solutions to help tackle climate change.”
Mark holds a BSc (Hons) in Manufacturing Systems Management. He joins Shift from the consulting and data-analytics business he co-founded, where he helped clients to define and implement operational strategy and to develop business intelligence solutions to manage performance. Based in London, UK, Mark will be joining Shift’s leadership team and will be responsible for overseeing the overall operations of Shift.
Leading with key certifications to deliver clean energy storage solutions to the marine industry
July 26, 2022(Vancouver/ Unceded Territories of the Musqueam, Squamish, and Tsleil-Waututh Nations) – Shift Clean Energy (Shift) has announced that it has received approval from US-based classification society American Bureau of Shipping (ABS) for its energy storage solution (ESS).
Shift’s lithium-ion battery-based ESS are used for hybrid or fully electric propulsion systems for marine, offshore and inland waterway applications and currently rank among the safest in the world.
Brent Perry, CEO and founder of Shift commented: “We’re proud to receive ABS approval for our energy storage solutions. The standards put in place by ABS are vital for the safety of marine vessels. At Shift, safety is our number one priority and our focus has always been on building the safest and most robust energy storage solution possible. This certification allows us to continue delivering a reliable and affordable way to electrify and reduce reliance on fossil fuels with a goal of decarbonizing the industry as a whole.”
Shift Clean Energy received certification March 2022. In 2021, Shift announced its approval certification under new 2020 class rules for commercial vessel batteries set out by classification society DNV GL and was one of the first energy storage solutions (ESS) providers to adhere to the new testing standard.
Shift is a leading supplier of clean energy solutions to the marine market and beyond and is responsible for some of the first electrified vessels in market, including the first electric ferry in southern Europe in Aveiro, Portugal, and a pilot program to electrify harbour vessels at the Maritime and Port Authority of Singapore.
About Shift Clean Energy:
Shift Clean Energy provides energy storage solutions to decarbonize the marine transport industry and other hard to abate sectors. Shift enables customers to meet their climate action and ESG goals with clean energy solutions based on leading-edge energy storage systems. Understood to be the safest and most reliable energy storage solutions on the market today, and the first commercial marine solutions company to offer pay-as-you-go PwrSwäp subscription energy systems. Customers save money from day one through electrification, integrating ESS and renewable energy for both commercial and maritime applications. Join us on our mission to zero emissions.
SINGAPORE, 21 June 2022 – Vallianz Holdings Limited (“Vallianz” or the “Company”, and together with its subsidiaries, the “Group”) has joined forces with Ulstein Design & Solutions B.V. (“Ulstein”), Shift Clean Energy (“Shift”) and Bureau Veritas to collaborate on the design and construction of a heavy transport vessel (“HTV”) that will be the first of its kind in the global offshore wind industry.
Designed for worldwide operations, the HTV will be deployed for transportation of structures such as monopiles, jackets, transition pieces and turbine blades to support offshore wind farm projects, as well as heavy structure modules for LNG and carry out floatover operations of offshore structures. Featuring zero emission capability, the DP-2 vessel will be the first of its kind, as it will be driven by a hybrid power system consisting of alternative dual fuelled engines and a fully-classed battery energy storage system. In addition, the HTV features the proven ULSTEIN X-BOW®, which contributes to reduced energy consumption and provides more comfortable and safer operations when sailing through waves.
Measuring an overall length of 173.6 meters, the customised ULSTEIN HX120 design will have a free deck length of 145 meters. With her large deck area of more than 6,000 square meters and deck strength of 25 tonnes per square meter, the new HTV can carry cargoes of up to 32,000 metric tonnes. This includes very large structures and modules, such as monopiles, transition pieces and jacket foundations.
The design of the HTV is developed by the Dutch design office of Ulstein Group which is headquartered in Norway. The HTV’s electric battery system is to be provided by Canadian-based Shift, while the vessel will be classed by Bureau Veritas.
Construction is expected to take up to 26 months with planned completion by the end of 2024, and is not expected to have any material impact on the net tangible assets or earnings per share of the Group for the current financial year ending 31 March 2023.
To mark the collaboration, representatives from Vallianz, Ulstein, Shift and Bureau Veritas attended a signing ceremony held at Ulstein’s office in Rotterdam, the Netherlands.
From left to right: Mr Francis Tang, Commercial Director of Bureau Veritas Marine Singapore, Mr Osman Ibrahim, Chairman of Vallianz Holdings Ltd, Mr Brent Perry, CEO of Shift Clean Energy, Mr Edwin van Leeuwen, Managing Director of Ulstein Design & Solutions BV
Said Mr Osman Ibrahim, Chairman of Vallianz, “This collaboration is a key development in the Group’s strategy to build a stronger presence in the global offshore wind farm industry. It follows closely on the heels of another strategic project that we embarked on for the construction of a next generation Service Operation Vessel (“SOV”) to support the operations and maintenance of offshore wind farms.
We are excited to see the Group’s efforts gaining traction as we position Vallianz to tap the growth potential of the offshore wind market. According to the Global Wind Report 2022 by the Global Wind Energy Council (“GWEC”), the offshore wind market had its best ever year in 2021 with 21.1 GW commissioned, more than three times in 2020. GWEC expects more than 90 GW of offshore capacity to be added worldwide from 2022 to 2026.
In view of the anticipated increase in the size of monopiles and other components for offshore wind farms over the coming years, we believe there will be growing demand for newer generation vessels like our HTV which can help to facilitate faster installation speed, better project economics and reduction of carbon footprint. The addition of this HTV will also complement and expand on the Group’s existing “Holmen” fleet of heavy lift transport vessels.”
As the size of offshore wind turbines increases, the component parts will have to be larger. Together with the considerable global growth of the offshore wind market, this means much larger vessels will become the preferred mode of transportation while the sheer number of forecasted foundations will also require more of such vessels. This is one of the main reasons a recent analyst report on the HTV market concludes that the current supply of HTVs worldwide will be insufficient to cater to the expected demand for such vessels in the next few years.
“Since 2010, offshore wind has been a focus market for Ulstein”, said MsCathrine Marti, CEO of Ulstein Group. “With our track record in SOVs, heavy lift vessels and rock installation vessels, we have built up a strong position as a ship designer supporting offshore wind installation and maintenance. This agreement with Vallianz is an important step for us, as it is in line with our strategy to expand into vessels supporting offshore wind logistics.”
Said Mr Francis Tang, Commercial Director of Bureau Veritas Marine Singapore, “Bureau Veritas is honoured to participate in this ground-breaking project and to support our close customer Vallianz and partners to further push the boundaries in maritime and offshore decarbonisation by tapping into our deep expertise in alternative fuels and hybrid technologies.”
Said Mr Brent Perry, CEO of Shift Clean Energy, “Energy Storage is mature and ready to take on the challenge of decarbonisation, today. Collaboration with all parties is the key that will support Energy Storage System (ESS) in delivering on performance, cost and environmental benefits. On this project, we are working hand-in-hand with committed partners to enable the transition to a zero-carbon maritime industry. We are thrilled to be partnering with Vallianz on this important and exciting venture and we extend our congratulations to Vallianz, Ulstein and Bureau Veritas on this industry-leading design.”
About Vallianz Holdings Limited
Vallianz is an established provider of offshore marine and engineering solutions for the global energy industry. To keep pace with the transformation of energy markets, the Group continually advances its capabilities and adapts its solutions to meet customers’ needs.
From its headquarters in Singapore, the Group’s reach extends to markets in Asia Pacific, Middle East and Central America. To enhance its customer value-add, Vallianz offers integrated solutions across five core pillars — offshore support vessel chartering, specialised heavy transport, shipyard and engineering, marine technology, and renewable energy.
Vallianz is a well-established operator of offshore support vessels offering critical support to customers in the conventional and renewable energy sectors. The Group also owns a shipyard in Batam, Indonesia, which has strong in-house fabrication and engineering capabilities. Listed on SGX-Catalist, Vallianz is helmed by an experienced management team.
Ulstein Design & Solutions B.V. specializes in the design and development of game changing ships for the offshore energy market. Sometimes brilliantly simple, sometimes necessary complex. We push for sustainable solutions. Besides newbuild designs, Ulstein Design & Solutions is actively involved in consultancy and feasibility studies for upgrading vessels.
ULSTEIN is a family-owned group, headquartered in Ulsteinvik, Norway. ULSTEIN delivers products and services within ship design, shipbuilding and equipment packages to the international market within segments such as offshore wind, expedition cruise and offshore oil and gas. For over 100 years, ULSTEIN has been associated with innovation and quality in design and delivery, meeting the demanding marine challenges by embracing change and identifying opportunities. ULSTEIN’s vision is to create tomorrow’s solutions for sustainable marine operations.
About Shift Clean Energy
Shift Clean Energy enables customers to meet their climate action and ESG goals with clean energy solutions based on leading-edge energy storage systems. Understood to be the safest and most reliable energy storage solutions on the market today, and the first commercial marine solutions company to offer pay-as-you-go PwrSwäp subscription energy systems. Customers save money from day one through electrification, integrating ESS and renewable energy for both commercial and maritime applications. Join us on our mission to zero emissions.
About Bureau Veritas
Bureau Veritas is a world leader in laboratory testing, inspection and certification services. Created in 1828, the Group has more than 80,000 employees located in more than 1,600 offices and laboratories around the globe. Bureau Veritas helps its clients improve their performance by offering services and innovative solutions, in order to ensure that their assets, products, infrastructure and processes meet standards and regulations in terms of quality, health and safety, environmental protection and social responsibility.
Bureau Veritas is listed on Euronext Paris and belongs to the Next 20 index. Compartment A, ISIN code FR 0006174348, stock symbol: BVI. For more information, visit https://bureauveritas.com
Shift’s battery technology will deliver peak shaving capability for optimised energy use
VANCOUVER; 8 March 2022: A new partnership between climate action solution provider Shift Clean Energy (Shift), SeaTech and Vitol, a leader in the energy sector, will provide Vitol’s bunker operations company, V-Bunkers, with Singapore’s first hybrid bunker tankers. They will be designed by SeaTech Solutions, using Shift’s energy storage systems (ESS).
This marine electrification project will see up to four hybrid bunker tankers provided to V-Bunkers, all fitted with Shift’s 480-Kwh liquid cooled ESS and battery management systems. This will result in improved fuel efficiency and reduce greenhouse gas (GHG) emissions by approximately 10 per cent a year.
Shift’s ESS will be primarily used for peak shaving (storing energy during low power consumption for use during peak usage periods, allowing main generators to operate with a more stable load). This solution helps to optimise energy use, significantly reduce fuel and maintenance costs, improve responsiveness and reliability of power management and in turn enhances safety of operations.
“With our partners Red Offshore, we’re excited to be partnering with V-Bunkers on this important clean energy initiative for their hybrid bunker tanker operations in Singapore,” said Brent Perry, Shift’s CEO. “This demonstrates that there are opportunities to reduce GHGs for oil and gas companies anywhere in the supply chain. V-Bunkers is showing tremendous leadership with this electrification project and Shift is proud to be part of such a huge step in decarbonising the short sea shipping sector. We look forward to developing our relationship with them and supporting their leadership in shifting to clean energy solutions in the sector.”
The move to adopt Shift’s clean energy solution will help decarbonise the V-Bunkers’ fleet operations and support the company’s ongoing emissions reduction and commercial objectives.
“A bunkering fleet is a crucial component of global shipping infrastructure, so it makes sense to look at ways to reduce GHGs here,” said Mike Muller, Head of Vitol Asia. “Adopting the right fuel efficiency technology is imperative to the sector’s growth and development and we look forward to implementing Shift’s ESS to offer the highest levels of safety and efficiency throughout our bunker craft operations.”
“We are delighted to work with Vitol’s Singaporean bunker operations company, V-Bunkers, which recently received the Green Ship Award from Maritime and Port Authority Singapore,” said Prabjot Chopra, Vice President of Technology of SeaTech. “The new hybrid bunker tankers are tailored and optimised for their operating profile to reduce the GHG emission by about 10 per cent without significantly increasing the capital expenditures. Shift’s ESS was specified for this design for its superior safety and efficiency.”
V-Bunkers is a leading supplier of barge logistics services in the port of Singapore. Their new venture into GHG-reducing ESS use builds on their commitment to achieving high standards of cleaner, more sustainable barge operatorship.
Shift currently supplies battery-based ESS technology to the marine industry, as well as its PwrSwäp pay-as-you-go power service to on land customers such as ports, terminals, offshore wind farms and beyond. The use of battery technology in marine energy is quickly expanding as the shipping industry continues to transition to greener energy sources in the effort to reduce its carbon footprint.
About V-Bunkers
V-Bunkers is an experienced bunker craft owner, manager and operator. Fully owned by Vitol and based in the world’s largest bunkering port of Singapore, V-Bunkers offers a reliable bunker delivery service to shipowners across Asia and beyond. In April 2021, V-Bunkers was named top Bunker Craft Operator at the Singapore International Maritime Awards and in October 2021 received the Green Ship Award from Maritime and Port Authority of Singapore (MPA).
About Shift Clean Energy
Shift Clean Energy enables customers to meet their climate action and ESG goals with clean energy solutions based on leading-edge energy storage systems. Our practical pay-as-you-go PwrSwäp service, based on swappable batteries, provides reliability and less risk. Customers save money from day one through electrification, integrating ESS and renewable energy for both commercial and maritime applications. Shift partners with Red Offshore to provide support in Singapore. Join us on our mission to zero emissions. More information about Shift is available at: shift-cleanenergy.com
About SeaTech Solutions
Singapore-based SeaTech has built a strong reputation in vessel design and engineering excellence since its establishment in 2000. Its compendium of over 380 unique designs showcases extensive expertise, innovation and technology, propelling the company as a centre for marine and offshore excellence, offering a complete suite of competencies in-house, from design to engineering and consulting. To date, over 640 vessels operating worldwide bear the SeaTech hallmark of energy efficiency, safety and reliability.
