Farmington, MI – December 22, 2023 – The CEO Views is proud to recognize Sea Forrest, a leading provider of green technology solutions as one of the ‘Innovators of the Year 2023’.
Cyan Renewables today, together with its consortium of six other partners, announced the launch of a green energy consortium to jointly design and develop electric harbour craft operations in Singapore.
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”.
One of the most difficult issues for the industry players carrying out complex marine and offshore enterprises is planning large projects with several phases, dependencies, and demanding customer deadlines. Hence, partnering with a competent partner who can help steer through these projects is indeed imperative today. Leveraging 20 years of in-depth experience, George has two decades of experience in steering through the complexity of managing marine and offshore projects.
While cost is an oft-cited barrier for firms looking to adopt greener solutions, industry watchers and officials say the pursuit of sustainability can bring companies new opportunities and ultimately, more business.
It is undeniable that climate change is real, manifesting itself in various ways from rising temperatures to extreme weather conditions and largely due to the greenhouse gas emissions caused by the burning of fossil fuels.
While we are well aware of the causes of climate change, the maritime industry, in particular, is on high alert. Shipping contributes to 2 to 3 percent of all carbon emissions due to high sulfur fuel oil (HSFO), which is burned when conventional propulsion systems are used. While many may believe this percentage is somewhat negligible, it is expected to grow to 17 percent by 2050, making it crucial that marine vessel owners adopt new ways of powering their vessels.