Today, Hayat Lestari Holdings Sdn. Bhd. and Hull Vane BV officially signed a licensing agreement. This significant event took place at the Defence Services Asia 2024 (DSA) exhibition in Kuala Lumpur, Malaysia.

Establishing a strategic partnership with a local partner in Malaysia allows us to manufacture our innovative Hull Vane® technology directly in Malaysia, enabling us to serve the local market more efficiently with shorter delivery times.

This collaboration not only enhances our ability to serve our customers in Southeast Asia but also actively supports the local economy. By realizing production locally, we look forward to contributing to job creation and strengthening the community in the region. This partnership enables us to bring Hull Vane more directly to the attention of the ferry, navy, coast guard, and oil & gas markets in Malaysia and surrounding countries.

Niels Moerke, CEO Hull Vane: “We are very pleased with this global expansion of Hull Vane. We look forward to a fruitful collaboration and the positive impact it will have on our operations and the local community in Malaysia.”

Mr. Khalil Shehabuddeen, CEO  Hayat Lestari Holdings Sdn Bhd. “We are excited to bring this clever and innovative technology in Malaysia, which will bring better ride comfort, greater fuel economy and reduced C02 emissions to wide range of marine vessels both in the commercial as well the defense and law enforcement sectors. We are looking forward to help our clients save cost while building a sustainable future for the next generation.”