ABS has signed a memorandum of understanding (MoU) with the Maritime and Port Authority of Singapore (MPA) to promote maritime research and development (R&D) and innovation.
Under the terms of the agreement, the companies will partner on maritime R&D in the areas of alternative / clean fuel and developing resilient, next-generation port systems over the next five years.
In addition, the signatories will commit to promoting and sharing maritime thought leadership on technology.
ABS chairman and CEO Christopher Wiernicki said: “For more than 50 years, ABS has been committed to working alongside the MPA, industry and academia to foster the safe and environmentally responsible growth of the Singapore marine and offshore industries.
“This MoU is a further sign of our commitment to work with all stakeholders in this growing hub of global trade to further R&D efforts that provide practical solutions to today’s most pressing challenges.”
MPA chief executive Andrew Tan said: “This MoU with ABS will strengthen Maritime Singapore’s R&D capabilities in the areas of green shipping, future port and maritime technologies. It also aims to promote Singapore’s position as a global maritime knowledge hub.”
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below formBy GlobalData
Specifically, the agreement covers alternative / clean fuel research and technology, such as in liquefied natural gas (LNG) bunkering, covering both operational configuration studies and risk assessment and safety.
The MoU also seeks R&D on next-generation port systems relating to the safety and security of new port facilities, and where such measures as traffic management, safe navigation, security, situational awareness and consequence management have to be continuously and effectively assessed and updated.
An additional focus of the agreement is to promote maritime technology to the Singapore maritime community through thought leadership fora, including workshops and dialogues.
ABS and MPA are already collaborating on the maritime technology professorship programme at the Singapore University of Technology and Design to enhance the growth of marine and offshore technology development by improving the university’s capabilities in maritime education and R&D.
Image: ABS Pacific Division operations vice-president Derek Novak signed the memorandum of understanding with MPA chief executive Andrew Tan. Photo: courtesy of ABS.