Innovation in spotlight as DNV GL and Maritime and Port Authority of Singapore sign maritime R&D Memorandum of Understanding.
DNV GL and the Maritime and Port Authority of Singapore (MPA) signed a memorandum of understanding (MOU) today to promote research and development (R&D) and innovation in the maritime industry.
The signing ceremony took place at the DNV GL 150th anniversary celebrations, in the presence of Mr Lui Tuck Yew, Singapore’s Minister for Transport and Mr Borge Brende, Norway’s Minister of Foreign Affairs.
The MOU was signed between Dr Henrik Madsen, DNV GL’s Group President and Chief Executive Officer, and Mr Andrew Tan, MPA Chief Executive. It will promote maritime R&D in the following areas:
Liquefied natural gas (LNG) research and technology, covering both risk assessment and safety, and simulation study and training
Green Ports, an examination of the potential environmental gains to be made through the use of energy saving and emission reduction technology in ports, in terms of both infrastructure, processes and equipment and vessels
Marine environment and resources, projects which are designed to cut emissions and boost fuel efficiency, through retrofitting and improved operational maintenance, and
Organisation of maritime-related thought leadership forums to promote Green Shipping, Green Port and Green Technology in the Singapore maritime community
“Singapore has emerged as one of the key centres for innovation in the shipping world, especially in terms of promoting technologies and systems which develop and promote green outcomes” said Dr Henrik Madsen. “We have built up a relationship with the MPA over the past several years, as we have both jointly and separately championed projects which have sought to reduce emissions and improve fuel efficiency in shipping, and this MOU will help us to further our relationship.”
Dr Madsen added, “Indeed, the MOU is a reflection of the emphasis we place on innovation and R&D at DNV GL. We are making a significant and sustained group-wide commitment by investing in the future of our industry. We will continue to invest around 5% of annual revenue to R&D with one fifth of that marked for long term projects with a transformative effect, and have hubs of innovation around the world. This is at the heart of our goal of making the industry safer, smarter and greener.”
Mr Andrew Tan said, “The signing of this MOU signifies a shared vision to drive our maritime industry research efforts. It will also help position Singapore as a centre of excellence for maritime research. I’m confident that this partnership will grow stronger and contribute to the overall growth of the maritime sector.”
About DNV GL
Driven by its purpose of safeguarding life, property and the environment, DNV GL enables customers to advance the safety and sustainability of their business. DNV GL provides classification and technical assurance along with software and independent expert advisory services to the maritime, oil & gas and energy industries. It also provides certification services to customers across a wide range of industries. Combining leading technical and operational expertise, risk methodology and in-depth industry knowledge, DNV GL empowers its customers’ decisions and actions with trust and confidence. The company continuously invests in research and collaborative innovation to provide customers and society with operational and technological foresight. Established in 1864, DNV GL operates globally in more than 100 countries with over 16, 000 professionals dedicated to helping their customers make the world safer, smarter and greener.
About the Maritime and Port Authority of Singapore (MPA)
The Maritime and Port Authority of Singapore (MPA) was established on 2 February 1996, with the mission to develop Singapore as a premier global hub port and international maritime centre (IMC), and to advance and safeguard Singapore’s strategic maritime interests. MPA is the driving force behind Singapore’s port and maritime development, taking on the roles of Port Authority, Port Regulator, Port Planner, IMC Champion, and National Maritime Representative. MPA partners the industry and other agencies to enhance safety, security and environmental protection in our port waters, facilitate port operations and growth, expand the cluster of maritime ancillary services, and promote maritime R&D and manpower development.