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NEWS

Mr Esben Poulsson, President

of the Singapore Shipping
Association addresses the

Singapore Maritime Institute

(SMI) Seminar on Smart Ships

2nd Ofshore Marine

Forum

Co-organised by Seatrade and the
Singapore Maritime Foundation, the

2nd Ofshore Marine Forum brought

industry leaders together against a
backdrop of challenging and complex

operating environments. CEOs and

COOs from the ofshore industry
gathered at this high-level forum to and the maritime R&D community onrecognised maritime research excellence

share and discuss how the industrythe need for smart ships to add valueand visitors were invited to vote for their

is likely to evolve with the unlikely to the shipping industry with advanced favourite research projects. In addition

chance that oil prices will rebound digital competencies. Other distinguished to engineering R&D projects, two policy
in the near future. The keynote speakers including Mr Brijesh Tewari, research projects were showcased for| 13

was on “Will we see a three digit Principal Specialist & Manager, Marine the irst time by researchers from the

oil price again? A review of current Consultancy Services, Lloyd’s Register Asia, Singapore University of Technology &
drivers of the low oil price, timing discussed how smart ship technologies Design and the Singapore Management

of the recovery and consequences can signiicantly beneit the commercial University, who were also participating

for the ofshore industry” andshipping sector in a panel discussion in the SMI Research Showcase for the
was delivered by Jarand Rystad, chaired by SMI Executive Director Mr Heng irst time. In celebration of SMI’s 5th

Managing Partner of Rystad Energy. Chiang Gnee.anniversary this year, a commemorative

The panel discussion was moderated The bi-annual SMI Research Showcase publication, “Building a Singapore

by Andreas Sohmen-Pao, Chairman April 2016 was also launched during the Maritime Knowledge Hub”, chronicling
of BW Group. Key panellists at the event to raise the proile of maritimeSMI’s contributions to Maritime

event included Carl K. Arnet, Chief and ofshore research and technology in Singapore’s R&D landscape, was launched

Executive Oicer, BW Ofshore, Chow Singapore. The Research Showcase alsoat the event.
Yew Yuen, Chief Executive Oicer,

Keppel Ofshore & Marine Ltd, Ron
Dynamic Positioning Conference 2016
Mathison, Managing Director, Swire
Paciic Ofshore Operations (Pte) Ltd,

Jarand Rystad, Managing Partner, The growth and advancement in Dynamic Positioning (DP) technology has allowed

Rystad Energy, Geir Sjurseth, MD, ofshore drilling to move into deeper waters and harsher environments. With

Global Head Ofshore Finance, DVB advancement and increased versatility in DP, challenges in the area of training and
Bank.competency level of DPOs have also arisen.

The 2-hour seminar ended with The Dynamic Positioning Conference 2016 was attended by experts who shared

the launch of Sea Asia 2017, the their views on the macroeconomic outlook on oil, opportunities in the ofshore
anchor event for Singapore Maritime sector, updates on DP regulatory and guidelines, DPO competency assurance, safe

Week 2017.and eicient operations, cost management and DP technology innovation.

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