GTT noted that the shipping industry is increasingly opening up to new uses and services driven by digitalisation. The Digital Hub aims to help shipping players reduce costs, mitigate risks, improve operational efficiency, implement compliance and sustainability programs, and encourage data-driven collaboration.
Philippe Berterottière, chairman and ceo of GTT, said: "The Digital Hub will contribute to accelerate the group's digital transformation. In addition to LNG as fuel, a market in which GTT intends to grow, the digital services will enable us to explore new paths and deliver differentiating value to new segments within the shipping industry."
The Digital Hub will be run by GTT’s local subsidiaries Ascenz Solutions and GTT South East Asia.
The products, solutions and services developed in Singapore will be deployed worldwide through GTT’s specialised entities.
Linda Sein, executive director, investment facilitation, Singapore Economic Development Board, said: "GTT's plan to set up its Digital Hub of Excellence is in line with Singapore's Marine & Offshore Engineering (M&OE) Industry Transformation Map (ITM) to improve productivity and capture long term growth opportunities with the use of digital technologies. Once fully operational, we believe that the hub will enhance Singapore's M&OE ecosystem and, in the process create good job opportunities for Singaporeans to gain new valuable and practical experience."
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