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Singapore Maritime Week 2022: Forging Ahead through Transformation

[By:Maritime and Port Authority of Singapore]

The 16th edition of Singapore Maritime Week (SMW) 2. ....

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Singapore Maritime Week 2022: Transformation for Growth

Singapore Maritime Week (SMW) 2022 returns for the 16th time this year, from 4 to 8 April 2022. Pres. ....

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Supply chain to remain under stress, opportunity for digitalisation

Singapore expects the supply chain remain under stress and for its port to continue playing a role as a location for shipping companies to catch up ....

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550 Industry Leaders Discussed Navigating Maritime Industry Transformation through Collaboration

550 Industry Leaders Discussed Navigating Maritime Industry Transformation through Collaboration
The 15th Singapore Maritime Lecture, held in conjunction with Singapore Maritime Week 2021, gathered over 550 industry leaders virtually and onsite to share insights on transformational shifts in the maritime industry and the opportunities for growth through partnerships and collaborations.
At the event, Mr Yee Yang Chien, CEO and President of MISC Berhad, delivered a keynote speech titled ‘Making the Future Possible’. Mr Yee highlighted the value of collaboration to navigate two major shifts impacting the global maritime industry: the Fourth Industrial Revolution and the great energy transition. He cited “The Castor Initiative” – a joint development project to build the world’s first ammonia-fuelled tanker by 2025 – as an example of shifting paradigms to push the frontiers of industry transformation collectively. ....

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Multiple pathways and collaborations needed to decarbonise shipping

MISC President and CEO Yee Yang Chien
MISC President and CEO Yee Yang Chien believes multiple pathways and collaborations are the way forward to solving shipping’s decarbonisation puzzle.
The Malaysian shipowner has been a pioneer in using LNG as a marine fuel and is now set for a similar course with ammonia as part of the Castor Initiative.
“Decarbonisation is without doubt one of the greatest risks our industry has ever faced in its history. How does one even begin to deal with a risk that has no immediate or ready made solution. How does one cope with a risk where the financial cost of our course of action is difficult to quantify?” Yee told the audience of the 15 ....

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