- Commitment to Safety and Service Expansion Highlighted by ABS CEO.
- ABS Maintains Leadership in Singapore’s Maritime Industry.
- Singapore’s Strategic Role in Maritime Innovation and Decarbonization.
ABS reports that it is investing heavily in its service offerings to grow on its leading position in the industry and stay better prepared for the growing needs of the marine and offshore sectors. This was communicated to regional maritime leaders during the annual ABS Southeast Asia Regional Committee meeting.
Commitment to Safety and Service Expansion
Christopher J. Wiernicki, ABS Chairman and CEO, emphasized the company’s dedication to safety and its efforts to expand the scope of its class services. “Our safety driven mission continues to serve us well, and we are building on this strong foundation by investing in widening and deepening the scope of our class services,” said Wiernicki. “We are leveraging our deep domain expertise and industry relationships to create new growth opportunities and value for our clients, while guarding against the unintended consequences of the rapid and disruptive change we are witnessing in our industry. At the same time, we are focused on developing people, investing in next generation learning environments using simulation, visualization and gaming technologies to deal with the emerging challenges of fuel safety and increased cyber-enabled physical systems.”
ABS Leadership in Singapore and the Global Maritime Industry
The committee heard that ABS is the leading classification society in Singapore, with a dominant fleet and orderbook position in the marine and offshore industries. Wiernicki also highlighted the company’s exceptional fleet safety performance, a core element of its mission. “The ABS fleet has grown to 300 million gross tons and has secured the number one position in the global orderbook share,” he shared.
Wiernicki emphasized the importance of Singapore to ABS, noting the company’s strong presence in the region. “Singapore is so important to ABS. We are the market leader here and we serve this with one of the largest offices in the company,” he said. “It is also home to the new global ABS Electrification Center to support maritime decarbonization projects. Additionally, Singapore is home to one of the five global ABS Sustainability Centers and the ABS Global Simulation Center that provides clients with a virtual representation of an asset that ABS engineers use to analyze, configure and test in a safe and cost-effective way.”
Singapore’s Role in Maritime Innovation
Wiernicki, who maintains strong ties to Singapore as a visiting professor at the National University of Singapore and a member of Singapore’s Maritime International Advisory Panel, also participated in the Singapore Maritime Foundation’s New Year Kickoff event.
Teo Eng Dih, Chief Executive of the Maritime and Port Authority of Singapore (MPA), attended the event as guest-of-honor. He noted, “ABS’ strong presence in Singapore reflects ABS’ commitment to helping international shipping navigate the green and digital transformation and underscores its trust in Singapore’s role as a strategic hub for the maritime industry. MPA values its partnership with ABS and invites others to also tap into Singapore’s vibrant industry and innovation ecosystem to grow their capabilities, enhance their services, and advance the maritime sector.”
Maritime Industry Challenges and Innovations
The committee was also briefed on challenges within the maritime sector, such as the limitations of retrofit capacity in shipyards and rising competition from other industries outside shipping for alternative fuels. ABS leaders in sustainability gave an in-depth fuel forecast providing insights into these emerging trends. Other presentations outlined the latest developments on board from ABS WavesightTM, including over 100 joint development projects focused on cutting-edge technologies.
Looking Ahead: Fostering Collaboration and Innovation
Captain Rajalingam Subramaniam, CEO of Fleet Management Limited and Chairman of the Committee, expressed his gratitude for the opportunity to connect with colleagues in the industry. “My thanks to ABS for connecting us, bringing this esteemed group of colleagues together to exchange ideas and engage in constructive discussions to support innovative solutions and forward progress in the maritime industry,” said Captain Subramaniam.
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Source: ABS
