The Maritime and Port Authority of Singapore (MPA) Wednesday announced a SGD $100 million ($76 million) top up to its Maritime Cluster Fund (MCF).
The top up will be in support of the port authority’s vision for Singapore to be the global maritime hub for connectivity, innovation and talent.
The drive towards Singapore’s next phase of growth will be implemented through four broad strategies.
The direction to strengthen Singapore’s connectivity and inter-linkages include plans to promote the growth of non-traditional maritime players such as bunker fuel measurement consultancy Metcore International.
“To boost non-physical connectivity, MPA will continue to expand the range of maritime services available in Singapore to increase our attractiveness as a maritime hub,” it says.
“Besides encouraging existing players to set up new business activities, MPA will promote the growth of non-traditional players such as maritime technology enterprises like Alpha Ori and Metcore.”
The vision to build a vibrant innovation ecosystem at Singapore will be implemented through two programmes, namely: Maritime Transformation Programme and Singapore Maritime Data Hub to build an enabling ecosystem that fosters innovation and R&D in the maritime sector.
The third strategy, to develop a future-ready and skilled maritime workforce, will see MPA will roll out a co-funded new Global Talent Programme by 2019 to groom a pipeline of local maritime talent for future leadership and management positions.
Overall, MPA will use the Maritime Cluster Fund (MCF) as an enabling tool to support its efforts to enhance productivity and encourage innovation, and the development of a multi-skilled maritime workforce with a global mindset at Singapore.
“Together, these four broad strategies will drive Singapore’s next phase of growth as a global maritime hub for connectivity, innovation and talent, and ensure that Singapore continues to be well-positioned and ready to seize the new growth opportunities that may emerge,” it says.
Published: 8 March, 2018
Provides price transparency for companies involved in the marine fuels markets, upon upcoming IMO 2020.
‘We have been looking at Greece for a long, long time and we have struggled to find the right people to lead this project,’ said Timothy Cosulich, Fratelli Cosulich CEO
Both vessels caught in a suspected illegal ship-to-ship oil transfer on Sunday have been escorted to Batam island by for further investigations, reports Reuters.
North has dealt with numerous bunker fuel claims and disputes – but nothing has kept the Club busier than reports of potential marginal non-compliance.
The closure of the operations in Singapore and Antwerp are scheduled to take place this year.
Program will cover topics, including port planning, digitalisation and sustainability of maritime industry, emergency preparedness and crisis communication.
‘The JMs have failed to discharge their duties by blindly helping the Banks mount a false case against the Defendant,’ wrote defence lawyers representing former IPP Director Dr Goh Jian Hian in court statement.
Lead prosecutor Andreas Myllerup Laursen aims for a fine and a prison sentence in the so-called Syria case scheduled to commence in Odense, Denmark on 26 October, writes the Danish publication.
In a modern re-telling of the story of David versus Goliath, local bunker barge owners/charterers successfully resisted claims brought in the Singapore courts by Phillips 66 for misdelivery of bunkers.
Bunker barge owners and operators; traders and suppliers; banks, including players in other countries, will have to re-examine respective operations, advises Helmsman Associate Director Jonathan Tan.
Vopak BL was a non-essential document with no contractual force and had no effect as a contract of carriage or as a document of title, states written Judgement issued by Singapore Court of Appeal.
Dwivedi Vivek Kumar ended his tenure as Global Head – Bitumen & Shipping & Regional Head – APAC at GP Global APAC on 10 November 2020 due to internal structuring of the GP Global Group.
