Singapore: Class society DNV GL and the Maritime and Port Authority of Singapore (MPA) have signed a memorandum of understanding (MOU) to promote research and development (R&D) and innovation in the maritime industry.
The signing ceremony took place at the DNV GL 150th anniversary celebrations, in the presence of Mr Lui Tuck Yew, Singapore’s Minister for Transport and Mr Borge Brende, Norway’s Minister of Foreign Affairs.
The MOU was signed between Dr Henrik Madsen, DNV GL’s Group President and Chief Executive Officer, and Mr Andrew Tan, MPA Chief Executive. It will promote maritime R&D in LNG and green ports and shipping.
“Singapore has emerged as one of the key centres for innovation in the shipping world, especially in terms of promoting technologies and systems which develop and promote green outcomes” said Madsen. “We have built up a relationship with the MPA over the past several years, as we have both jointly and separately championed projects which have sought to reduce emissions and improve fuel efficiency in shipping, and this MOU will help us to further our relationship.” [03/03/14]