Wag Kwong and NatPower Marine to build electric shore power network

The first projects are scheduled to launch in 2026.

Shipping company Wah Kwong Maritime Transport has partnered with clean infrastructure developer NatPower Marine to build and operate a network of electric shore power across Asia.

“The new company, Wah Kwong NatPower Holdings, will develop grid-connected infrastructure in key locations in Hong Kong, with plans to develop partnerships in Greater China and infrastructure across North Asian markets,” Wah Kwong said in a statement.

By enabling vessels to switch off fossil-fuel auxiliary engines while using shore-based power at berth and charge batteries for near-shore propulsion using low-emission electricity, the initiative promises to usher in a new era of low-emission connectivity for maritime operations, the company said.

The new joint venture aims to launch its first projects in 2026, targeting high-traffic ferry, container terminals and the fast-growing cruising market in Asia. It plans to deploy shore power infrastructure at more than 30 ports across the region by 2030.

Operating under a Charge Point Operator (CPO) model, Wah Kwong NatPower Holdings will fully fund, build and manage the infrastructure, removing the need for upfront investment from port authorities.

Each site will be equipped with an integrated shore power system, including shore-side substations, battery energy storage, and smart grid interfaces to support both cold ironing and vessel propulsion charging.

“Based in Hong Kong, one of our first objectives is to make lasting impact locally, providing long-term environmental benefits to residents and enhancing ports competitiveness,”  said Vincent Ni, general manager of WK NatPower.