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SMW 2022: Event officially opens with ‘Transformation for Growth’ theme

04 Apr 2022

The 16th edition of Singapore Maritime Week (SMW) 2022 held from 4 to 8 April in hybrid format at Marina Bay Sands Expo & Convention Centre was opened on Monday by Minister for Transport and Minister-in-Charge of Trade Relations, Singapore, Mr S Iswaran.

Themed “Transformation for Growth”, the Maritime and Port Authority of Singapore (MPA) organised event brings together over 10,000 delegates and distinguished experts globally from various sectors of the maritime industry to discuss pertinent issues centred around four key maritime pillars: Innovation, Sustainability, Maritime Services, and Talent.

During his speech at the Opening Ceremony, Minister Iswaran reflected on the disruptions the maritime sector had to face as a result of the pandemic and ongoing geopolitical developments, and chartered the way forward for the industry.

He said: “The maritime sector plays a critical role in international trade and the global economy. To ensure its reliability, resilience and readiness for the future, the maritime industry must transform, and embody the essential elements of continuous innovation, boundaryless collaboration and strong talent development. This endeavour requires partnership across nations and between the public and private sectors, for which the Singapore Maritime Week can serve as a valuable platform.”

On the decarbonisation agenda, Minister Iswaran said that Singapore is contributing at both the multilateral level and plurilateral level as a global maritime hub, and announced that Singapore will join the Clydebank Declaration for Green Shipping Corridors  together with 22 other Signatory States. The Clydebank Declaration aims to establish green shipping corridors between ports by deploying zero-emission vessel technologies on voyages, or alternative fuel and charging infrastructure in ports.

Minister Iswaran also announced the establishment of a Maritime International Advisory Panel (IAP) by the Ministry of Transport and MPA to seek global perspectives on emerging trends and critical developments that will shape the maritime industry. Chaired by Minister Iswaran, the IAP comprises 12 cross-sector global business leaders who will hold the inaugural meeting at SMW 2022.

Singapore Maritime Lecture and SMW Leaders’ Perspective

The Opening Ceremony was followed by the return of the highly-anticipated Singapore Maritime Lecture and SMW Leaders’ Perspective, where industry experts gathered to examine the key challenges facing the industry, discuss opportunities for growth and explore pathways to maritime sustainability.

Deputy Prime Minister and Coordinating Minister for Economic Policies, Singapore, Mr Heng Swee Keat, highlighted transformative opportunities and shared how the Sea Transport Industry Transformation Map (ITM) refresh will enable Singapore to sharpen its response to global trends impacting the maritime sector during his Keynote Address at the Singapore Maritime Lecture.

Moderated by Mr Rashpal Bhatti, Vice President, Maritime Supply Chain and Excellence, BHP, the SMW Leaders Perspective’s panellist of maritime leaders explored future opportunities for the maritime industry, and how transformation in sustainability, finance and talent will reshape the maritime ecosystem.

The panellists include Mr Andreas Sohmen-Pao, Chairman of BW Group, Mr Jeremy Nixon, CEO of Ocean Network Express, Mr Stephen Fewster, Global Head of Shipping Finance at ING, and Ms Aw Kah Peng, Chairman of Shell Singapore.

Related: Singapore Maritime Week 2022 returns with ‘Transformation for Growth’ theme

 

Photo credit: Maritime and Port Authority of Singapore
Published: 4 April, 2022

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