Singapore’s strategic location and logistics expertise continues to support the needs of the ships passing through the Malacca Strait at a crucial time in the recovery of the global economy from the effects of COVID-19. But Singapore is not just among the most important shipping hubs in the world, it is also a centre of excellence for maritime and offshore technology that supports the industry’s journey to digitalisation and decarbonization.
These related challenges, driven by regulation and by charterers and finance providers, present a unique combination of problems, requiring a specific combination of skills and experience. Singapore is in a unique position to make progress; no other location has a such a diverse collection of owners, charterers, brokers, shipyards, designers, OEMS and academic institutions, all overseen and supported by the MPA.