Global Growth – Singapore Maritime Digitalisation and Decarbonisation
Singapore is the leading maritime capital of the world, and it is in the process of transforming its maritime industry through digitalisation and decarbonisation.
Does your company have innovative solutions in these areas and wish to explore the market opportunities in Singapore? Submit your interest in the export program and take part in the process to explore the business potential in the Singapore maritime market.
Singapore is currently the biggest transhipment port in the world. To retain its competitiveness, it is transforming its port and maritime operations through technological innovations such as maritime drones, enhancing coastal and satellite communications, development of digital platforms and using IOT, AI and machine learning technologies. Autonomous vessels and operations are also undergoing trials.
Singapore is also the world’s largest bunkering port and home to 5,000 maritime organisations and businesses. Due to IMO 2030 decarbonisation goals as well as the Singapore government’s drive for maritime sustainability, the industry is actively exploring the use of clean alternative fuel and a Global Centre for Maritime Decarbonisation has been set up in Singapore this year. Companies in the bunker supply chain are exploring the development of the necessary infrastructure and technologies. Maritime authorities are also exploring the electrification of some 1,600 harbour crafts and joint industry projects have been launched.
Shipyards in Singapore that were previously building oil rigs, floaters and platforms are switching their strategic focus to renewable energy projects such as offshore wind, onboard carbon capture as well as battery and hybrid vessels.
Read more about program content and why you should participate on Innovation Norway’s website.
If you are interested in discussing the program with us and receive information about the gaps and business opportunities in the maritime sector in Singapore contact:
