The Maritime and Port Authority of Singapore (MPA) has announced that it will focus on digitalization over the next three years to help companies in the shipping sector improve productivity.
As part of the initiative unveiled by Senior Minister of State Lam Pin Min, at the 4th Singapore Maritime Technology Conference (SMTC), the Singapore Maritime Institute (SMI) will present the Singapore Maritime R&D Roadmap 2030 – a plan to create value within the industry.
The roadmap will form a strategy for Singapore’s shipping trade and allocate resources from funding agencies to the nation’s research and technology communities.
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Quah Ley Hoon, Chief Executive of MPA, commented: “Innovation and digitalisation are key areas for Maritime Singapore to sharpen our competitive edge.
“We recognise that some companies need help to kick-start their digitalisation journey. With this in mind, we have formed the Circle of Digital InnOvators (CDO) network to champion the adoption of technology and innovation.
“We will also roll out the Sea Transport Industry Digital Plan (IDP) to help SMEs in their digitalisation journey. We hope that through such efforts, we can bring the maritime sector to a new level.”
The #SMTC2019, held in conjunction with #2019SMW, opens today at Marina Bay Sands. Over the course of the next three days till 12 April, the conference will cover four key themes – Technology, Research & Development, Cybersecurity and Start-up.#MPA #MaritimeSG pic.twitter.com/FSLoD1eXmX
— MPA Singapore (@MPA_Singapore) April 10, 2019
According to a statement, MPA is working with the Singapore Shipping Association (SSA) to encourage more companies to join the CDO network.
Established in late 2018 to help transform the maritime industry through the adoption of advanced technologies, the network began with 23 members. This number has now doubled to 46.
Around 15 industry players gathered to discuss & exchange information on ship classification. They deliberated the future role & direction for International Association of Classification Societies against the backdrop of technological, regulatory & market changes. #2019SMW pic.twitter.com/z6MDk2Wt62
— MPA Singapore (@MPA_Singapore) April 9, 2019
The IDP, developed by the MPA in partnership with Infocomm Media Development Authority (IMDA), Enterprise Singapore (ESG) and SkillsFuture Singapore (SSG), will offer guidance to small and medium enterprises (SMEs) on how to implement digital solutions.
By simplifying the process for SMEs, and enabling them to adopt innovations in line with growth levels, MPA hopes to feed digitalization down throughout the sector.