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GL's Futureship sets up eco-ship centre in Singapore

GL's Futureship sets up eco-ship centre in Singapore
Germanischer Lloyd’s Futureship has set up an eco-ship research centre in Singapore to strengthen its energy efficiency solutions for its Asian customers. The research and development (R&D) facility, ECO Research Centre, is supported by the Maritime & Port Authority of Singapore’s (MPA) Maritime Cluster Fund (MCF).

“The centre will surely sharpen our capability of addressing our clients’ needs with tailored products, backed by a global network of over 100 high-calibre engineers and consultants. Singapore’s uniqueness as a green shipping hub also allows us to fan out from here to other areas in Asia,” said Korshed Alam, managing director of Futureship Singapore.

The centre’s first project will be on “Analytical Ship Performance Evaluation and Management”.

The centre is the first R&D facility to benefit from the expansion of Singapore’s MCF fund. “The setting up of R&D and test centres in Singapore will further strengthen our maritime R&D capabilities and position us as a centre of excellence for maritime technology. We are thus happy to welcome the setting up of FutureShip’s ECO Research Centre in Singapore,” said Lam Yi Young, chief executive of the MPA.

With bunker fuel prices remaining consistently high, and the growing pressure of environmental regulations, eco-ship designs have become a must for many shipowners when ordering newbuildings. However, the real level of fuel savings achieved by eco-ships remains open for debate.