Singapore Maritime Institute awards S$12 million to advance local maritime R&D capabilities
The Singapore Maritime Institute (SMI) has awarded a new core funding of S$12 million to NTU Singapore to support the research efforts of the Maritime Energy & Sustainable Development (MESD) Centre of Excellence over a new five-year period until 30 September 2027 from this September.
The research centre was launched in October 2017 and jointly funded by SMI and NTU with the mission to deepen Singapore’s maritime capability in the field of energy and sustainable development, with a focus on future port and shipping operations.
A signing ceremony to formalise the funding agreement was held today between NTU Vice President (Innovation and Entrepreneurship) and Dean of NTU’s College of Engineering Professor Louis Phee and Executive Director of SMI Mr Tan Cheng Peng.
The signing was witnessed by Senior Minister of State for Finance and Transport, Mr Chee Hong Tat. SMS Chee was joined by NTU Senior Vice President (Research) Prof Lam Khin Yong, and Chairman of SMI Mr Wong Weng Sun.