Maritime and Port Authority of Singapore

Kenon Holdings Welcomes Singapore Maritime Foundation Executive Director Tan Beng Tee and CEO Robert Rosen to its Board of Directors, Appoints Deepa Joseph as Interim CFO

Retrieved on: 
Thursday, July 20, 2023
Kenon Holdings, Maritime and Port Authority of Singapore, China Shipping Group, Risk, Assistant, Sustainability Accounting Standards Board, Investment, Maritime, Annual report, TASE, Virtual CFO, CFO, Knowledge, Growth, NYSE, Management, Kenon

Kenon Chairman Mr. Cyril Ducau stated, "We are thrilled to have Tan Beng Tee join our Board of Directors.

Key Points: 
  • Kenon Chairman Mr. Cyril Ducau stated, "We are thrilled to have Tan Beng Tee join our Board of Directors.
  • Ms. Deepa Joseph has been appointed as interim CFO with effect from September 1, 2023.
  • Ms. Joseph currently serves as CFO of Ansonia Holdings Singapore B.V., which owns approximately 60% of Kenon's outstanding shares.
  • Commenting on the organizational changes, Mr. Rosen stated, "We are delighted to have Deepa Joseph join us as CFO.

S&P Global Commodity Insights Launches eWindow® for Asian Biofuels and Feedstock

Retrieved on: 
Thursday, March 30, 2023
Heart, S&P Global, Maritime and Port Authority of Singapore, ICE, SAF, UCO, Aviation, Carbon, Biofuel, Maritime, Aviation biofuel, Growth, MOC, Intercontinental Exchange, Iron ore, Renewable energy, S&P Global Commodity Insights, Agriculture

SINGAPORE, March 29, 2023 /PRNewswire/ -- S&P Global Commodity Insights, the leading independent provider of information, analytics and benchmark prices for the commodities and energy markets, will launch on March 29, 2023 the Platts Editorial Window (eWindow)® communication tool for assessing the tradable value of physical Asian Biofuels and Feedstock FOB Straits and China. The Platts eWindow® communication online data-entry and communications tool brings greater speed, transparency and efficiency to the Platts Market-on-Close (MOC) price assessment processes.

Key Points: 
  • Between 2020 and 2022, S&P Global Commodity Insights launched four assessments for ISSC-Certified UCO (Used Cooking Oil) and UCOME (Used Cooking Oil Methyl Ester) in China and the Straits, encompassing terminals beyond Singapore's borders.
  • Andrei Agapi, APAC associate pricing director for Agriculture, S&P Global Commodity Insights, said, "The expansion of Platts Editorial Window (eWindow)® to support Platts MOC for Asian Biofuels and Feedstock marks a further milestone in the maturity and rapid commoditization of the market.
  • This latest addition to the Platts Asian biofuels price assessment offering will provide valuable insight into an important energy source and further enhance transparency for the physical cargo market.
  • According to analytics data from S&P Global Commodity Insights, forecasted biofuels demand will exceed 3.25 million barrels per day by 2025, and much of the growth will be attributed to biodiesel, renewable diesel and sustainable aviation fuel (SAF)."

Collision Avoidance and Object Detection Maritime Global Market Report 2022: Growing Maritime-Dependent Trade Bolsters Demand

Retrieved on: 
Thursday, March 16, 2023
Maritime and Port Authority of Singapore, Garmin, Statistics, COVID-19, Teledyne Technologies, Night vision, UNCTAD, Ship, US, ABS, Terma A/S, Seawater, Maritime, Robotics, FLIR, Artificial intelligence, Growth, MPA, OSCAR, Sea Machines Robotics, Safety, Whaling, Road, Application

The collision avoidance and object detection maritime market is projected to reach US$ 722.09 million by 2028, growing at a CAGR of 8.2% from 2022 to 2028.

Key Points: 
  • The collision avoidance and object detection maritime market is projected to reach US$ 722.09 million by 2028, growing at a CAGR of 8.2% from 2022 to 2028.
  • With the rising number of vessels and growing maritime-dependent trade, there is a rising demand for collision avoidance and object detection solutions.
  • This is boosting the demand for collision avoidance and object detection systems, promoting collision avoidance and object detection maritime market growth.
  • On the basis of application, the collision avoidance and object detection maritime market is segmented into blind spot detection, night vision, and others.

Shift Clean Energy Secures ABS Approval

Retrieved on: 
Tuesday, July 26, 2022
Shift, Goal, Maritime and Port Authority of Singapore, DNV, GLOBE, ESS, American Bureau of Shipping, Industry, CEO, DNV GL, Solution, Safety, Certification, ESG, Maritime, ABS, Renewable energy, Musqueam Indian Band

Vancouver/ Unceded Territories of the Musqueam, Squamish, and Tsleil-Waututh Nations, July 26, 2022 (GLOBE NEWSWIRE) -- Shift Clean Energy (Shift) has announced that it has received approval from US-based classification society American Bureau of Shipping (ABS) for its energy storage solution (ESS).

Key Points: 
  • Vancouver/ Unceded Territories of the Musqueam, Squamish, and Tsleil-Waututh Nations, July 26, 2022 (GLOBE NEWSWIRE) -- Shift Clean Energy (Shift) has announced that it has received approval from US-based classification society American Bureau of Shipping (ABS) for its energy storage solution (ESS).
  • Brent Perry, CEO and founder of Shift commented: Were proud to receive ABS approval for our energy storage solutions.
  • Shift Clean Energy provides energy storage solutions to decarbonize the marine transport industry and other hard to abate sectors.
  • Shift enables customers to meet their climate action and ESG goals with clean energy solutions based on leading-edge energy storage systems.

The Worldwide Vessel Traffic Management Industry is Expected to Reach $8.7 Billion by 2027

Retrieved on: 
Wednesday, June 8, 2022
Singapore Management University, Agency for Science, Technology and Research, Transport, Urban, Aviation, A*STAR, Component, Artificial intelligence, USD, Maritime and Port Authority of Singapore, MPA, Travel, UCE, Maritime, SMU, Growth, Commercial, Equipment, Fujitsu, COVID-19, Agency, Microsoft Institute for High Performance Computing, Port of Singapore, Institute, CAGR, Brownfield land, Safety, Technology, Renewable energy, Iron ore, Science, Defense, Research

The Global Vessel Traffic Management Market is projected to grow from USD 5.8 billion in 2022 to USD 8.7 billion by 2027, at a CAGR of 8.4% during the forecast period.

Key Points: 
  • The Global Vessel Traffic Management Market is projected to grow from USD 5.8 billion in 2022 to USD 8.7 billion by 2027, at a CAGR of 8.4% during the forecast period.
  • Since the beginning of the outbreak, the transportation industry has been among the most severely hit sectors globally.
  • Due to most countries imposing nationwide lockdowns and travel and transportation restrictions, the shipping industry was affected extremely.
  • Most ports across the world have adopted some form port management information system for the efficient and reliable working of their ports.

Vessel Traffic Management Market by End-user, Component, Investment, System, Onboard Components and Region - Global Forecast to 2027 - ResearchAndMarkets.com

Retrieved on: 
Tuesday, June 7, 2022
Technology, Maritime, Transport, Satellite, Singapore Management University, Agency for Science, Technology and Research, Transport, Urban, Aviation, A*STAR, Component, Artificial intelligence, USD, Maritime and Port Authority of Singapore, MPA, Travel, UCE, Maritime, SMU, Growth, Commercial, Equipment, Fujitsu, COVID-19, Agency, Microsoft Institute for High Performance Computing, Port of Singapore, Institute, CAGR, Brownfield land, Safety, Technology, Renewable energy, Iron ore, Science, Defense, Research

The "Global Vessel Traffic Management Market by End-user (Commercial, Defense), Component (Equipment, Solution, Service), Investment (Brownfield, Greenfield), System, Onboard Components (Equipment, Solution), and Region (2022-2027)" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Global Vessel Traffic Management Market by End-user (Commercial, Defense), Component (Equipment, Solution, Service), Investment (Brownfield, Greenfield), System, Onboard Components (Equipment, Solution), and Region (2022-2027)" report has been added to ResearchAndMarkets.com's offering.
  • The Global Vessel Traffic Management Market is projected to grow from USD 5.8 billion in 2022 to USD 8.7 billion by 2027, at a CAGR of 8.4% during the forecast period.
  • The COVID-19 outbreak has led to several challenges for various industries such as aviation and consumer electronics.
  • Most ports across the world have adopted some form port management information system for the efficient and reliable working of their ports.

ADP Clear Pte Ltd Brings Digital Bunkering to Singapore

Retrieved on: 
Wednesday, April 27, 2022
Maritime and Port Authority of Singapore, ADP, Goal, Fraud, Efficiency, Bank, MPA, Solution, OCBC Bank, Clear, Maritime, Assistant, Risk, API, Security (finance), Fuel oil, Industry

MPA is working closely with bunker suppliers and solution providers to conduct digital bunkering trials.

Key Points: 
  • MPA is working closely with bunker suppliers and solution providers to conduct digital bunkering trials.
  • We look forward to having ADP as one of the solutions available to bunker suppliers in Singapore as we continue to enhance the efficiency and resiliency of our port," said Kenneth Lim, Assistant Chief Executive (Industry), MPA.
  • To help shape the continued development of the platform, ADP Clear Pte has undertaken a collaboration with OCBC Bank under which the Bank can provide input on the ADP platform and participate in user test trials alongside other industry players.
  • ADP Clear Pte has commercialized an industry-first digital bunkering platform that facilitates the entire bunkering transaction lifecycle from procurement through physical delivery to invoice settlement.

Chevron Joins Global Centre for Maritime Decarbonisation

Retrieved on: 
Wednesday, April 6, 2022
Maritime, Environment, Transport, Oil, Gas, Alternative Energy, Energy, Hydrogen, Adoption, Pandemic, Ammonia, Sembcorp Marine, Organization, Natural gas, Global Centre of Excellence on Climate Adaptation, Aircraft, Maritime and Port Authority of Singapore, GCMD, Lubricant, Coronavirus, NYSE, Board, Legislation, International Maritime Organization, Petroleum, Epidemic, Accident, CVX, CNE, MPA, BW, CEO, Failure, Carbon, Government, DNV, Center, Industry, Knowledge, U.S. Securities and Exchange Commission, Goal, Tax, COVID-19, BHP, Phrase, Ocean Network Express, Solution, News, Marketing, Annual report, Weather, Maritime, Partnership, Shipbuilding, Renewable energy

Chevron (NYSE: CVX) announced an agreement to join the Global Centre for Maritime Decarbonisation (GCMD).

Key Points: 
  • Chevron (NYSE: CVX) announced an agreement to join the Global Centre for Maritime Decarbonisation (GCMD).
  • Shipping is a hard-to-abate sector and to reach the International Maritime Organization's climate goals, collaboration across the value chain is required, said Professor Lynn Loo, CEO of the Global Centre for Maritime Decarbonisation.
  • The Global Centre for Maritime Decarbonisation (GCMD) was formed on 1 August 2021 with funding from the Maritime & Port Authority of Singapore (MPA) and six founding partners, namely BHP, BW, DNV Foundation, Eastern Pacific Shipping, Ocean Network Express and Sembcorp Marine.
  • Strategically located in Singapore, the worlds largest maritime fuelling hub and second largest container port, the Centre will coordinate regional and global decarbonisation efforts.

IMC Ventures Partners with PIER71 to Invest and Nurture the Maritime and Supply Chain Ecosystem in Singapore

Retrieved on: 
Friday, June 18, 2021
Maritime and Port Authority of Singapore, IMC, National University of Singapore, Venture capital, Economy, Singapore, Human activities

Singapore, June 18, 2021 - (ACN Newswire) - IMC Ventures ("IMC Ventures"), a Singapore-based venture capital firm focused on investments in the maritime and supply chain industries, is pleased to announce that it has joined PIER71 as a venture capital partner with an objective to invest and nurture the maritime and supply chain ecosystem in Singapore.

Key Points: 
  • Singapore, June 18, 2021 - (ACN Newswire) - IMC Ventures ("IMC Ventures"), a Singapore-based venture capital firm focused on investments in the maritime and supply chain industries, is pleased to announce that it has joined PIER71 as a venture capital partner with an objective to invest and nurture the maritime and supply chain ecosystem in Singapore.
  • With a vision to establish Singapore as a vibrant maritime ecosystem spearheading world-class innovation, the founding partners of PIER71 are Maritime and Port Authority of Singapore ("MPA") and NUS Enterprise, the entrepreneurial arm of the National University of Singapore ("NUS").
  • Mr. Thomas Ting, Chief Technology Officer, Maritime and Port Authority of Singapore said: "We are heartened by the partnership of like-minded ecosystem players like IMC Ventures with PIER71 and MPA.
  • I'm confident that IMC Ventures will bring their deep industry knowledge and networks to help marinetech start-ups commercialise and scale."

Sea Asia's Innovation Arena to Showcase New Generation of Solutions for Maritime

Retrieved on: 
Thursday, March 28, 2019
Countries, Administrative territorial entities, Maritime and Port Authority of Singapore, Singapore, Wilhelmsen

The Innovation Arena is sponsored by InnoSpace, Panasonic R&D Centre Singapore and Wilhelmsen Ships Service.

Key Points: 
  • The Innovation Arena is sponsored by InnoSpace, Panasonic R&D Centre Singapore and Wilhelmsen Ships Service.
  • We are honoured to be supporting the Sea Asia Innovation Arena, and look forward to seeing how solutions from the start-ups can take the industry to the next stage."
  • Singapore Maritime Week (SMW) is one of the world's leading maritime shows and is organised annually and driven by the Maritime and Port Authority of Singapore (MPA).
  • Every year, SMW gathers the international maritime community for a week of flagship conferences, dialogues, exhibitions and social events in celebration of all things maritime.