SINGAPORE, 14 March 2022 – Kuok (Singapore) Limited Maritime Group, comprising PaxOcean Holdings Pte Limited (PaxOcean), Pacific Carriers Limited (PCL) and POSH (PACC Offshore Services Holdings), today announced the launch of the Coastal Sustainability Alliance (CSA) at an MOU launch and formalisation ceremony held at the Shangri-La Singapore. The event was attended by representatives of the Alliance, senior industry leaders and graced by Guest-of-Honour, Dr Tan See Leng, Minister for Manpower and Second Minister for Trade and Industry.
The CSA members include the Agency for Science, Technology and Research (A*STAR), GenPlus, Jurong Port Singapore, Sea Forrest, Technology Centre for Offshore and Marine, Singapore (TCOMS), and TES. By 2030, the Alliance aims to build the next-generation of Singapore’s maritime ecosystem and accelerate the decarbonisation, electrification and advancement in energy-efficient logistics and engineering solutions. The CSA is expected to invest over S$20 million into various sustainability efforts over the next ten years.
Mr Tan Thai Yong, Chief Executive Officer, PaxOcean and Chairperson, CSA Council, said:
“Innovation through vessel electrification is one of the significant ways to decarbonise the coastal maritime industry. To succeed, a robust private-public partnership approach is needed to build infrastructure, capabilities, technology and services, driven by a diversified talent pool. With the launch of the Coastal Sustainability Alliance today, we will create Singapore’s next-generation coastal ecosystem and contribute to the industry’s sustainability, resilience, and transition to a circular economy.
Our Alliance is committed to making this a reality, and we encourage further industry collaborations to scale the coastal ecosystem. We welcome more partners to join us on this journey.”
Ms Quah Ley Hoon, Chief Executive of Maritime and Port Authority of Singapore (MPA), said: “MPA congratulates all members of the Coastal Sustainability Alliance. We look forward to working closely with the Alliance to develop a sustainable maritime sector, in particular, shaping common standards for charging infrastructure and electric harbour craft and supporting the development of green financing mechanisms and solutions for green harbour craft.”
The multi-stakeholder effort is centred on five strategic areas:
Collectively, this will be Singapore’s first comprehensive, customised approach to decarbonise the logistics supply chain from vessel redesign, infrastructure and marine services in promoting cleaner and more efficient harbour crafts. It also supports the industry transition to a circular economy with reduced resource use and future-proofing the vessels with environmentally sustainable energy sources, such as solar and tidal.
Creating the future E-Vessels: PXO Concept Vessel
The first phase of CSA’s efforts is to design and deploy 10 PXO vessels customised for Singapore’s coastal ecosystem by 2025.
To initiate the PXO design, Master Research Collaboration Agreements (RCAs) were formalised today between KSL Maritime Group and A*STAR as well as TCOMS to co-innovate, design and build a full electric vessel customised for Singapore’s maritime coastal ecosystem. The redesigned vessel is expected to reduce carbon emissions by 50%, lower energy consumption, and extend the operating range.
Using artificial intelligence (AI), a digital twin of the vessel will undergo operational simulations to achieve energy efficiencies for various harbour crafts. Additionally, integrating with TCOMS’ digital twin of Singapore’s port waters will support the predictive optimisation of marine traffic, harbour fleets and logistics flow and develop remotely managed vessels and drones in the coastal ecosystem.
The PXO conceptual redesign is expected to be revealed later this year, with plans to extend the ecosystem internationally from 2027 onwards
Committed to Decarbonise the Maritime Industry
KSL’s Centre for Excellence Engineering R&D anchors the CSA initiatives, providing a comprehensive platform for systematic fleet optimisation, renewal and decarbonisation through electrification.
This is in line with the Maritime and Port Authority of Singapore's (MPA) strategic aim to promote maritime technology R&D, and for Singapore to be recognised as an international centre for maritime R&D. The CSA’s innovations and services are also aligned with Singapore’s green energy targets set out in the Singapore Green Plan 2030. It also aspires to become an international best practice in maritime decarbonisation.
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About Kuok (Singapore) Limited and KSL Maritime Group
Kuok (Singapore) Limited (KSL) is an investment holding company with interests in maritime activities, agrisolutions, property and equity investments in various listed companies. KSL was founded in 1948 and has since grown into a Group with a multi-billion asset base. KSL shares common heritage with two other holding companies, namely Kerry Holdings Limited in Hong Kong and Kuok Brothers in Malaysia, in that they were all founded by the Kuok family. The subsidiaries under KSL include but not limited to PACC Offshore Services Holdings (POSH), Pacific Carriers Limited (PCL), PaxOcean Group, AllGreen Properties, Agrifert Group and K2 Data Centres. The Group will continue to build on its legacy and bring entrepreneurial spirit, heart and ambition to businesses in Asia as it innovates for the future.
Kuok (Singapore) Limited (KSL) Maritime Group offers an integrated suite of services to partners to grow their businesses successfully and sustainably. Its maritime companies of PACC Offshore Services Holdings (POSH), Pacific Carriers Limited (PCL), PaxOcean Group and KSL Maritime Ventures (KMV) serve the maritime value chain from offshore oil, gas and renewables support services, shipping and transportation, vessel maintenance and newbuilding to supporting start-up investments. Anchored in bringing leading-edge, innovative solutions and services to the industry, the Group is committed to sustainability and uplifting the entire maritime value chain.
For more information, visit www.kuokgroup.com.sg
A subsidiary of Kuok Singapore Limited, PaxOcean owns and operates five shipyards located in Singapore, China and Indonesia. First established in 2007 in Singapore, PaxOcean offers a wide range of services covering newbuilding, module fabrication, green recycling, repairs and conversion of conventional and renewable energy assets.
For more information, visit www.paxocean.com
|Ms Jocelyn Ng-Foo / Chwen Yiing Lim |
M: +65 9431 6141 / +65 9847 0479
|Ms Juliana Tan|
Marketing & Communications
PaxOcean Engineering Pte Ltd
DID: +65 6839 7876
Coastal Sustainability Alliance - Quote Sheet
|Spokesperson name / Designation||Company||Key Contribution Area||Quote|
|1||Prof Alfred Huan, Assistant Chief Executive, Science and Engineering Research Council, A*STAR||A*STAR||Co-creation of concepts and development of smart technologies, involving smart manufacturing, artificial intelligence, big data driven simulation and optimisation, and smart systems, to enhance the performance and safety of electric vessels.||Our collaboration with the Coastal Sustainability Alliance enables the industry to tap on a wide spectrum of public research capabilities and technologies built up within Singapore's Research, Innovation and Enterprise ecosystem, to realise the series of purpose-built electric vessels that ply Singapore’s coastal waters. These include capabilities in smart manufacturing, wireless power electronics, battery development, artificial intelligence, modelling and simulation, and more.|
|2||Lim Ming Chiat, Managing Director||GenPlus||Lead development and commercialisation of energy storage and battery management systems.||Our expertise in energy storage and electric systems will help the Coastal Sustainability Alliance to manage demand for energy from repurposed batteries and renewable energy sources. In addition, we ensure that batteries recovered and reused can scale to meet the energy demands of hybrid and fully electric vessels.|
|3||Ooi Boon Hoe, CEO||Jurong Port||Lead ship chandelling operations to optimise fleet solutions and consolidate marine supply chain initiatives with SMEs.||Our ambition to develop the next generation multipurpose port aligns with our role in the Coastal Sustainability Alliance to optimise fleet solutions and engage with SMEs to improve port efficiency and reduce maritime congestion. Furthermore, by adopting the CSA’s shore-based charging infrastructure, we endeavour to elevate industry standards in ship chandelling operations.|
|4||George Lee, CEO||Sea Forrest Power Solutions||Lead development and commercialisation of wireless charging and electrification technologies.||Our expertise in wireless charging technology allows Sea Forrest to elevate the efficiency and interoperability of this technology and bring its commercialisation to scale. We are excited to break new ground with the Coastal Sustainability Alliance to build an ecosystem of wireless charging points onshore and at sea, which will be accessible to hybrid and fully electric vessels.|
Eng Soon, CEO,
|Technology Centre for Offshore and Marine,
|Co-creation of concepts and development of technologies, involving the use of modelling & simulation, digital twinning of vessels and the port waters environment, to enhance the performance and safety of electric vessels.||As a national R&D centre dedicated to the maritime and other ocean sectors, TCOMS seeks to contribute its modelling and simulation capabilities to recreate complex operating scenarios, and help the Alliance enhance the design and performance of the PXO series of electric vessels. This would involve the use of a digital twin of Singapore’s port waters to support the creation of optimised traffic flows and other operations.|
Senior Business Development Manager
|TES||Lead development and commercialisation to repurpose and optimise EV batteries for marine use.||Our mission to make a decade of difference and move the needle on sustainability and climate change are why we choose to be a part of the Coastal Sustainability Alliance. As a global leader in technology lifecycle services, we will help the maritime industry transition to a circular economy by repurposing electric vehicle batteries and optimising for marine use.|
Annex 2 – Related Materials
Animated Explainer Video: Building The Next-Generation Maritime Ecosystem