MPA awarded $1.625 million for start-ups digitisation

MPA Maritime Innovation

The Maritime and Port Authority of Singapore (MPA) has awarded $1.625 million to 11 joint industry projects under the Maritime Innovation and Technology Fund.

Mr. Chee Hong Tat, Senior Minister of State for Transport and Foreign Affairs, announced during the Smart Port Challenge 2020 Finals on November 17, 2020.

These joint industry projects have begun these implementations in order to adopt digitisation on ship supplies and crewing services from their current traditional processes. Five of projects are focusing on improving operational resilience and productivity that is well-suited for the post-COVID situation.

For example, ship crews can now use self-service kiosks to check-in at Marina South Pier and West Coast Pier to board their vessels so as to reduce queuing time and physical interactions.

The remaining six projects will undergo a trial of using 3D-printed engine components to test their viability, ranging from tug boats to container ships.

Currently, there are three driving forces impacting the sector, namely, Disruption, Digitalisation and Decarbonisation.

Mr. Chee added, “To turn these three Ds from challenges to opportunities, innovation must continue to be the central focus of our maritime ecosystem, and our key value proposition as a maritime hub.”

In support of maritime innovation, Mr. Chee emphasised the need to review existing policies and rules.

“We must continue to provide a regulatory environment which is flexible, forward-looking and open to new possibilities, and where we welcome industry players to work together with government agencies to jointly develop new solutions,” he said.

By the first quarter of 2022, the 11 projects by the start-up companies will be completed with the aim of introducing eCommerce model into the traditional maritime industry.

Similar to Marine Online, the integration of the maritime platform gathering the eight major maritime services allow shipowners to enjoy greater efficiency and cost savings.

 

Source:

The Straits Times

Maritime and Port Authority of Singapore

Global Shipowner Alliance

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