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SINGAPORE SHIPREPAIRING, SHIPBUILDING & OFFSHORE INDUSTRIES DIRECTORY 2019/2020
The industry
must continue to adopt new digital technologies, to improve operational efficiency, develop cost-effective solutions and generate new revenue streams. Our companies
and shipyards
must continue to integrate new technologies into their business processes and deepen their capabilities.
HENG SWEE KIAT MINISTER FOR FINANCE
Leveraging on Technology
Industry leaders recognise that they cannot afford to rely on tried and tested legacy production methods as advancement in technology is bringing about sweeping changes in the way we live and work. Digitalisation – the process of converting information from a physical format into a digital one - has the power to transform the maritime industry, from the way ships are designed and built to the way they are operated and managed. Additive manufacturing, also known as 3D printing, allows rapid prototyping of parts for new installations as well as re ts, reducing costs and production lead-time. By using 3D printing in propeller manufacturing, for instance, the number of steps taken can be reduced from six – sand moulding, casting, machining, grinding, calibrating and propeller moulding – to just two, printing and moulding. Speaking at the Association of Singapore Marine Industries (ASMI)’s 50th anniversary celebration, Minister for Finance Heng Swee Kiat said, “The industry must continue to adopt new digital technologies, to improve operational ef ciency, develop cost-effective solutions and generate new revenue streams. Our companies and shipyards must continue to integrate new
technologies into their business processes and deepen their capabilities.”
Mr Heng proffered some examples. With the support of the ASMI, Keppel Offshore & Marine (Keppel O&M), Sembcorp Marine and ST Engineering Marine are implementing new technologies such as long-range networks that enable long-range transmissions using digital data communication technology and Internet of Things to keep track of manpower and materials within the shipyard and in con ned spaces.
Companies are also working together to achieve better outcomes. In partnership with Enterprise Singapore, ASMI is working with Sembcorp Marine and three small and medium-sized enterprises on the adoption of drone technology for visual inspections of newbuildings and ships undergoing repairs. Equipped with high-de nition cameras, the drones can replace traditional methods of visual inspections which involve erecting scaffoldings, a labour-intensive task.
DNV GL, a quality assurance and risk management company for the oil and gas,
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