Vallianz and SeaTech Ink Partnership to Develop the Next Generation of Environmentally-friendly Electric Tugs....

SINGAPORE, 2 February 2021 – Vallianz Holdings Limited (“Vallianz” or the “Company”, and together with its subsidiaries, the “Group”) has entered into a binding Memorandum of Understanding with SeaTech Solutions International Pte Ltd (“SeaTech”) to develop the next generation of environmentally-friendly harbour tugs based on SeaTech’s “EVT-60” design. The all-electric tug (“e-tug”) is designed to be powered by clean energy with an aim of zero carbon emission. The e-tug will support vessel owners to comply with the 2030 and 2050...

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