MoU FOCUSES ON SINGAPORE’S OFFSHORE ENERGY TRANSITION

Nov 16, 2023 | Marine propulsion & machinery news

Caterpillar Marine has entered a memorandum of understanding (MoU) with Penguin International and Cat dealer Tractors Singapore (TSL).

Based in Singapore, Penguin International is a recognised regional aluminium shipbuilder as well as an owner/operator of aluminium high-speed vessels. The company was founded in 1976 and is publicly listed on Singapore’s stock exchange.

Brad Johnson, VP and GM Caterpillar Marine, said: “As part of our effort to help maritime industry customers achieve their decarbonisation goals, we are working closely with leading shipbuilding companies to introduce new hybrid power solutions. We’re excited to collaborate with Penguin to enable them to offer lower emission crew transport vessels (CTV) and fast crew boats (FCB).”

Since 1995, Penguin International has delivered more than 200 aluminium workboats, patrol craft and passenger ferries to ship owners around the world, including more than 150 proprietary-designed Flex offshore crew boats and armoured security boats (Flex Fighter). The Flex series is Penguin’s flagship crewboat design – starting with the original Flex-36 in 2006 and culminating in the current Flex-42X Executive Fast Crew Boat. Their crew boats are jointly developed by the company’s integrated in-house shipbuilding and ship management teams in Singapore, backed by more than two decades of experience.

Penguin International MD James Tham said: “Penguin boats set the standard for mid-sized crew boats in the offshore petroleum, windfarm and maritime security industries. Teaming up with Caterpillar Marine allows us to support our customers’ energy transition needs through power solutions that employ alternative fuels, hybrid solutions and batteries. We can achieve our own sustainability goals and those of our customers as well.” 

TSL will oversee the installation and commissioning of the new solutions. Established in January 1966, TSL distributes a full line of Cat machines, engines and propulsion systems, and offers a full range of services including sales, rental, parts and after service support for the Republic of Singapore, the Republic of Maldives and Christmas Island (Indian Ocean) territories. TSL’s ties with Caterpillar go back to the 1920s when parent company Sime Darby acquired the Cat dealership for Sarawak.

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