Bureau Veritas (BV) has signed a memorandum of understanding (MOU) with the Maritime and Port Authority of Singapore (MPA) and a letter of intent (LOI) with the Singapore Maritime Institute (SMI), aiming to promote R&D and Joint Industry Projects.
The MOU between BV and MPA will see the strengthening of BV presence in Singapore to support the development of the local maritime sector. Under the MOU, BV and MPA aim to catalyse R&D and Joint Industry Projects related to digital classification services, smart shipping and maritime decarbonization as well as the development and growth of maritime talents and expertise in Singapore.
The agreement signed with the Singapore Maritime Institute has the ambition to collaborate in facilitating joint R&D programmes and activities, share R&D programmes participation and output to identify and scope proposals with complementary and/or common strategic interests and to develop appropriate proposals with approved research organisations and institutes of higher learning with relevant expertise and capabilities.
Matthieu de Tugny, President of Bureau Veritas Marine & Offshore, said:
We will continue to invest and contribute to develop the Singapore MarineTech ecosystem by initiating joint industry projects in digitalisation and maritime decarbonization while expanding the presence of impactful maritime technology companies in Singapore
David Barrow, BV’s Singapore-based Vice President for South East Asia, confirmed that there would be continued investment in expertise based in Singapore to support the agreement.
This will be about people and about developing interesting and exciting careers in the important and challenging world of maritime
As for Quah Ley Hoon, Chief Executive of MPA, she explained that “Maritime Singapore continues to invest significantly in maritime digitalisation and decarbonisation R&D to accelerate industry transformation and grow as a MarineTech hub.”
Earlier this week, Chee Hong Tat, Singapore’s Senior Minister of State for Transport and Finance, announced that MPA Singapore and the Infocomm Media Development Authority (IMDA) signed an MOU in mid-August 2022 to develop 5G mobile network capabilities in the maritime domain to enhance digital connectivity in the Port of Singapore.
Full maritime 5G coverage in Singapore’s major anchorages, fairways, terminals, and boarding grounds is scheduled to be delivered by mid-2025 and has the potential to unlock a full suite of maritime solutions leveraging complementary technologies such as artificial intelligence, internet-of-things, big data, drones and autonomous vehicles, to improve safety, effectiveness and efficiencies in maritime operations.