Singapore's MPA to Introduce Widespread Development Initiatives

Press Release
Tuesday, April 09, 2013

The Maritime & Port Authority of Singapore (MPA) to boost maritime research & development,
 productivity and manpower development.

The new initiatives were announced by Mr Tharman Shanmugaratnam, Deputy Prime Minister and Minister for Finance, at the recent opening of the Sea Asia Exhibition and Conference, held in conjunction with the concurrant Singapore Maritime Week 2013.

"Maritime is an important part of Singapore and contributes some 7% of Singapore's GDP. MPA is committed to working in partnership with the industry and institutes of higher learning (IHLs) in developing Maritime Singapore and are pleased to work with the industry and IHLs on the new initiatives and investments in maritime R&D, productivity and manpower development," said Mr Lam Yi Young, Chief Executive of MPA.

Investing in Maritime R&D
To continue developing Singapore's maritime R&D capabilities, MPA will be extending the validity of the Maritime Innovation and Technology (MINT) Fund by five years and topping up the Fund by a further S$50 million. The MINT Fund was established in 2003 with S$100 million to fund and support R&D and test-bedding of maritime technologies by universities, research institutes and companies in Singapore over a period of ten years.

Raising Productivity
To support our maritime industry's productivity efforts and help raise productivity in the sector, MPA will be introducing a new S$25 million Productivity Programme under the Maritime Cluster Fund (MCF). The new Productivity Programme will support the maritime industry's effort to raise productivity by providing co-funding for initiatives like business process re-engineering, automation and adoption of other productivity tools or practices.

Enhancing Manpower Development
Quality manpower is critical to the growth of the maritime industry. MPA continues to work closely with various IHLs to enhance manpower development and promote maritime careers.

MPA will be setting aside S$2 million from the Manpower Development Programme under the MCF for a new Global Internship Award over the next five years.

The American Bureau of Shipping (ABS), MPA and the Singapore University of Technology and Design (SUTD) will jointly be establishing the ABS-MPA Maritime Technology Professorship Programme at SUTD.

Maritime Reporter January 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

ZF Celebrating 100th Anniversary

2015 marks the 100th anniversary of the foundation of ZF Friedrichshafen AG   Zahnradfabrik GmbH was founded in 1915, and through a 100-year history has developed

Signal Ship Repair Achieves OSHA Milestone

Signal International announced that on December 31, 2014, the Signal Ship Repair Operations located in Mobile, Alabama achieved one full year and worked 387,926 manhours,

Evergreen to Charter 11 Containerships

Evergreen Group signed time charter agreements with Shoei Kisen Kaisha, Ltd. (Shoei) to charter a total of 11 18,000 TEU vessels, which include the six units of

Ports

Puget Sound Container Volumes Flat in 2014

Container volumes through Puget Sound’s largest container ports remained flat in 2014, according to numbers released jointly for the first time by the ports of Seattle and Tacoma.

New Berthing System for Mooring Cargo Ships

Eagle Rock Aggregates, U.S. subsidiary of Polaris Materials Corporation, has completed a new aggregate import facility at the Port of Long Beach that features a

Damen Delivers Workboat to Multraship

Towage and salvage operator Multraship has taken delivery of the first of two customized Damen Stan Launch 804s vessels for its line handling and boatmen service companies in Terneuzen,

Education/Training

Crowley Awards Scholarships to SUNY Maritime Students

Crowley Maritime Corporation’s 2014 Thomas B. Crowley Sr. Memorial Scholarships have helped to further educational opportunities for three students of State University

ClassNK Releases Improved "e-Application"

ClassNK announced the release of an improved "e-Application" system. This improvement was planned based on requests from the users. Therefore, firstly we would

Australian Tall Ship Rounds Cape Horn

The Royal Australian Navy operated Sail Training Ship Young Endeavour rounded Cape Horn on Australia Day, 36 days into a 12-month circumnavigation of the world.

 
 
Maritime Careers / Shipboard Positions Maritime Security Naval Architecture Offshore Oil Pod Propulsion Port Authority Salvage Ship Simulators Sonar Winch
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.2076 sec (5 req/sec)