Yinson Invests In Norwegian Startup Zeabuz AS Specilaising In Autonomous Vessels

Yinson Green Technologies Pte. Ltd. has announced a strategic investment in Zeabuz AS, a Norwegian startup specialising in autonomous solutions for the maritime industry which the group also looks to tap into for its future fleet of electric vessels.

Chief Executive Officer of YGT Eirik Barclay said, “We recognise the enormous potential of autonomous vessels and see Zeabuz as being well placed to become a leader in this segment.  Following this investment, we look forward to collaborating closely with Zeabuz to bring highly innovative autonomous vessel solutions to the Singapore market.”

YGT plans to incorporate Zeabuz’s state-of-the-art solutions in its electric vessels and utilises these technologies to boost the safety and efficiency levels of the vessels while reducing the manning required during passenger and cargo transportation.

Zeabuz Chief Executive Officer & Co-founder Erik Dyrkoren commented, “Our technology enables our customers to offer safer and more efficient operations while enabling entirely new mobility concepts such as urban waterborne mobility with reduced crew.”

Zeabuz was founded in 2019 as a spin-off from the Norwegian University of Science and Technology’s progressive research centre for autonomous marine operations and systems. The company has developed a proprietary autonomy platform that is scalable, certifiable, and suitable for both new designs and retrofit of existing vessels. Its business model is to provide autonomy-as-a-service to operators of smaller vessels. 

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