BH Global Corporation ushers in the Year of the Dragon with a traditional Lion and Dragon dance! The Group also invited family members of employees to enjoy our celebrations together!

Dragon and lion dances, staples of Lunar New Year celebrations, symbolize prosperity and ward off evil spirits. Their vibrant performances unite communities, fostering joy and good fortune for the year ahead.

As we welcome the Lunar New Year, BH Global would like to take this chance to wish we extend our warmest greetings to our friends and partners. May this Year of the Dragon bring you abundance, happiness, and good fortune.

Sea Forrest, subsidiary group of BH Global, together with its consortium of six other partners including Cyan Renewables, announced the launch of a green energy consortium to jointly design and develop electric harbour craft operations in Singapore.

Led by Cyan Renewables, the consortium comprises Bureau Veritas Marine, PSA Marine, Strategic Marine and technology providers SeaCabbie, Sea Forrest and Victory. The consortium, formed to participate in the Maritime and Port Authority of Singapore (“MPA”)’s call for proposal to develop electric harbour craft operations, is supported by one of Asia’s largest liner shipping companies, Pacific International Lines (“PIL”).

Where green meets blue: Easing the green energy transition for maritime players in Singapore.

While Singapore targets for new harbour crafts to be fully decarbonised from 2030, the country currently lacks commercially viable solutions to enable such a transition.

The consortium seeks to ease the energy transition for Singapore’s maritime operators with a focus on quality shipbuilding, flexible financing and customer access. With members across the entire renewable energy value chain, the consortium is the first in Singapore to:

  • Enable the leasing of renewable vessels (via Cyan Renewables), thus reducing capital outlay for operators; and
  • Offer an innovative ride-hailing application for the ordering of launch boats (via SeaCabbie).
 

Together with decades of experience in ship building, classification, and offshore energy management, the consortium’s solution is expected to significantly lower commercial barriers and reduce carbon emissions for electric harbour craft operations.

Lee Keng Lin, Founding CEO, Cyan Renewables said, “As Asia’s first pure play renewable vessel owner, Cyan Renewables enables operators to access green maritime solutions with minimal capital outlay, significantly reducing barriers against innovation. We are confident in the consortium’s ability to ease the green energy transition for Singapore’s maritime sector and are proud to be leading this effort.”

Goh Chung Hun, Head, Fleet Division, Pacific International Lines said, “PIL is committed to support this initiative on the commercialisation of electric harbour crafts. As a Singapore home-grown shipping line and with our focus on sustainability, we look forward to engaging the consortium and contributing towards Singapore’s national climate target of achieving net zero emissions by 2050.”

Francis Tang, Commercial Director, Bureau Veritas Marine said, “BV Marine (Singapore) is absolutely honoured to join this consortium with a clear mission to develop sustainable, ecological and economically feasible solutions for Singapore’s harbour craft community. BV has been actively supporting the Singapore maritime ecosystem for many years now, and we will continue to bring along our best practices, experience and technical expertise to this excellent consortium.”

Peter Chew, CEO, PSA Marine said, “PSA Marine is keen to support the consortium’s efforts to participate in the MPA Expression of Interest to design and develop electric harbour craft in Singapore. We look forward to contributing ideas and experiences, including collaborating with like-minded partners, to reduce carbon emissions for the Singapore harbour craft industry.”

Chan Eng Yew, CEO, Strategic Marine said, “Strategic Marine through this collaboration continues to affirm our commitment and contribution as a shipbuilder towards the IMO GHG 2050 goal and Singapore’s Net Zero 2050 goals.”

Abhinav Sahai, Founder, SeaCabbie said, “SeaCabbie is excited and honoured to be a part of this consortium dedicated to revolutionizing harbour crafts both locally and globally. As the first mover in Singapore to introduce a digital booking platform for harbour crafts, we bring the right expertise to ensure a successful implementation of electric harbour craft operations.”

George Lee, CEO, Sea Forrest said, “Sea Forrest’s years of expertise in marine electric propulsion, energy storage, energy management, and charging solutions are directly relevant for the operations of electric harbour crafts in Singapore. We look forward to this collective journey to transform one of the world’s busiest port, offering cost-effective, innovative, and eco-friendly solutions.”

Maureen Chan, Director, Victory said, “We are working towards operating floating chargers to complement onshore charging. By providing electron pitstops on operational routes, we hope to extend the range for electric vessels to provide operational flexibility and route optimisation.”

Profile of consortium companies

Cyan Renewables

Headquartered in Singapore, Cyan Renewables is Asia’s first pure-play offshore wind vessel owner in the fast-growing offshore wind farm industry, aimed at creating sustainable long-term value for our stakeholders. Built on a strong foundation of highly experienced team, we aspire to accelerate the growth of the offshore wind sector by investing in a dedicated fleet of wind farm support vessels that includes Cable-Lay Vessels (CLV), Service Operation Vessels (SOV) as well as Wind Turbine Installation Vessels (WTIV).

Cyan’s mission is to facilitate the world’s transition towards a greener future by being the partner of choice to both wind farm developers and vessel operators. We focus on integrating innovative solutions with both safety (people and environment) and customers’ needs in mind, thereby providing our client with best-in-class services.

Bureau Veritas Marine (Singapore)

Bureau Veritas is a world leader in laboratory testing, inspection and certification services. Created in 1828, the Group has 75,000 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.

PSA Marine

PSA Marine has been a leader in the maritime sector since 1964. As part of the global supply chain, we have a presence in more than 10 countries across Asia, Middle East, Europe and Latin America today.

Headquartered in Singapore, we provide integrated marine services – pilotage, towage, and offshore windfarm crew transfer to the ports and terminals, oil and gas, shipping and renewable energy sectors. With 1,800 passionate and dedicated employees and more than 70 tugs worldwide, we share a common belief in delivering only the best. Our commitment to excellence fuels our zeal to innovate and define the future of maritime for the generations ahead. PSA Marine is a wholly owned subsidiary of PSA International, a leading global port group and a trusted partner to cargo stakeholders around the world.

Strategic Marine

Headquartered in Singapore, Strategic Marine is a dynamic shipbuilding company with an international book of business and is renowned for producing quality, high performance commercial and defence & security vessels for markets across the globe.

Over the years, Strategic Marine has successfully built and delivered over 600 high-quality vessels to satisfied clients all over the world. These vessel types range from Oil & Gas Vessels, Offshore Wind Service Vessels, Maritime Security Vessels, Passenger & Tourism Vessels as well as several types of Workboats. Beyond shipbuilding, the company offers Service and Maintenance, Fabrication and Engineering, Marine Logistics services and Financial Services and Solutions for its products – providing a turnkey, hassle-free, end-to-end solutions to clients.

SeaCabbie

SeaCabbie is the first and only ride hailing application for launch or tender boats in ports around the world. SeaCabbie’s aim is to simplify and streamline the process of ordering launch boats which to today tends to be a very tedious and time-consuming job.

Sea Forrest Technologies

Incorporated in 2011 as a marine and offshore project management company, Sea Forrest has evolved to delivering sustainable and decarbonization solutions leveraging on in-house talents and experiences in mechatronics, automation software and controls, marine engineering and maritime operations. Today, Sea Forrest specializes in delivering energy management solutions through marine electric and hybrid propulsion, marine charging, and marine energy storage systems.

Victory

Since incorporation in 1986, Victory has been operating a fleet of floating kiosks, dedicated to serving the local harbour craft community. Starting with one small wooden tanker, the company owns 6 steel vessels today, and expanded to serving the full range of commercial vessels.

Victory is a fully accredited bunker supplier under Maritime Port of Singapore, and adheres to the requirements of the Singapore Standard SS648:2019 – Code of Practice for Bunker Mass Metering.

Read the article on Strategic Marine.

BH Global Corporation Ltd is pleased to announce the promotion of Jasmin Lim to Chief Marketing Officer of BH Global Corporation. Jasmin works directly with Patrick Lim and Vincent Lim – COO and CEO of BH Global Corporation.

Jasmin worked closely with and assisted management to implement Group-wide marketing strategies and activities. She is also responsible for driving Corporate brand awareness, customer acquisition, and revenue growth through effective marketing initiatives, market research, and collaboration with cross-functional teams within subsidiaries.  

She has proven her capabilities in leading the Marketing and eServices team of BHM, and is also assisting the COO in managing the Sales and Business Development teams. She has also brought in continued new clientele and business opportunities for the Group and looks to build a network of strategic partnerships.

She is taking charge of Sustainability of the Group’s business through evaluating Sustainability trends and suggesting relevant Green projects to drive adoption of ESG practices within the Group.

Jasmin balances a practical mindset with creative business acumen. She stays updated on industry trends and fosters innovation to drive the Group’s competitive advantage in the market.  

She is a Council Member of Singapore Association of Shipsuppliers & Services (SASS) and is also assisting Association Of Singapore Marine Industries (ASMI) Women’s Wing in their efforts to Engage, Encourage, Equip and Empower women in the Maritime Industry.

BH Global would like to congratulate Jasmin on her promotion. Her leadership, dedication, and hard work have earned her this recognition. The group looks forward to seeing Jasmin take on this new challenge and bring her skills and leadership to this new position.

George Lee, Founder and CEO of Sea Forrest, was invited to be a speaker at the UOB Sustainability Compass Forum on the 18th August 2023. Moderated by Mr Don Wee, Corporate Sustainability office, UOB, the sharing revolved around “Going Sustainable as an SME”.

George shared on how Sea Forrest works with like-minded partners- ship yards and boat operators in the Marine Industry to encourage and push the adoption of Sustainability projects.

He also encourages players in the Marine market to take small steps towards Sustainability for a start. It was also mentioned that having a well-rounded and professional Board of Directors is key to the Governance of the company in guiding their future Initiatives.

BH Global would like to thank UOB for the opportunity and invitation to partake in their Sustainability journey in assisting SMEs.

Singapore, 29 July 2023 – BH Global Corporation Ltd.’s subsidiary- Sea Forrest Power Solutions Pte. Ltd. (“SFP”), hosted Minister for Trade and Industry Singapore, Mr. Gan Kim Yong at our premises on the 28th July 2023.

Minister Gan, alongside representatives from Enterprise Singapore, SkillsFuture SG and Singapore Business Federation learnt of BH Global’s sustainability transformation journey and Sea Forrest’s Green solutions, upcoming business growth, internationalization and workforce reskilling and upskilling plans.

Sea Forrest shared their transformational journey, from a project manager to systems integrator and today a green solutions provider, including plans on business growth, sustainability projects, internationalization, talents attraction, management and upskilling.

The group was given a tour around Sea Forrest’s Creation Lab where SFP CEO Mr George Lee showcased anticipated sustainability projects that are set to lead the Singapore Maritime Industry towards a Greener and carbon free future. Some showcased projects include their Green Hybrid Propulsion System, Green Cabin Energy Saver System, Marine Electric Training Simulator, Marine and Offshore Energy Storage System and a Marine Smart Energy Charging System that is currently being developed.

Industry Project partners were also invited to showcase joint projects including – Development of a fully battery powered harbor-craft with American Bureau of Shipping (ABS) Simulation Center utilizing their expertise in multi-physics modeling and simulation techniques in optimizing the designs for battery powered vessels, Green Hybrid Propulsion System for Strategic Marine, Full Electric Ready Propulsion System for Victory Pte Ltd, Energy Challenge with ABB and development of a High Efficiency Marine Electric Motor with Nanyang Technological University Singapore.

Minister Gan also announced the launch of the “Sustainability Playbook For Enterprises: Embarking On Your Environmental, Social And Governance (ESG) Journey”, during the visit.

We would like to extend our appreciation to Minister Gan, the Ministry of Trade and Industry (Singapore), EnterpriseSG, Singapore Business Federation, Skills Future SG and all our partners for this opportunity to share our sustainability initiatives.

Read more about the visit at https://www.straitstimes.com/business/new-self-help-guide-launched-to-help-smes-kickstart-green-efforts.

Watch the Channel 8 News Feature at https://youtu.be/e-12Cyp45ws

We would like to thank you for visiting us at Sea Asia 2023.

Our booth at Sea Asia 2023 was a collaborative effort between Beng Hui Marine Electrical, a one-stop Marine and Offshore Electrical and Technical goods supplier, SOPEX Innovation, who showcased their latest line of Green LED Technology, Sea Forrest brought forth their hybrid propulsion system to customers to try on site, Omnisense Systems displayed their thermal night vision cameras and Athena Dynamics was ready to counter the cyber security challenges present in the digitalizing maritime industry.

It was a privilege to meet with friends, partners, vendors and new leads at our booth. We had a great time catching up and strengthening bonds for future opportunities! Your support made our experience at Sea Asia a success.

We hope to see everyone again at Indonesia Marine & Offshore Expo 2023!