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OSEA 2024: Pioneering offshore energy innovations

Mr. Alvin Tan, Minister of State for the Ministry of Culture, Community and Youth & Ministry of Trade and Industry, graced OSEA 2024 in Singapore on Tuesday, November 19. The three-day tradeshow welcomed more than 500 exhibitors and 15,000+ attendees from 100 countries, providing a comprehensive look at solutions and strategies driving the energy transition in the marine and offshore industries. Net-zero emissions by 2050 Tan announced a new SGD USD 100 million support package for marine and offshore engineering firms With the accelerating pace of the energy transition, Mr. Tan emphasised Singapore’s commitment to becoming a greener economy, with a goal of achieving net-zero emissions by 2050, as outlined in the nation's Green Plan. During his speech, Mr. Tan announced a new SGD$100 million support package for marine and offshore engineering companies, aimed at fostering partnership and adopting solutions in growth area, including offshore wind, floating storage, and digitalisation over the next five years. Advantage of adopting solutions As part of the OSEA Gives Back initiative, complimentary conference access was extended to members of the broader community. This initiative is designed to promote inclusivity by providing opportunities for diverse participants to engage with industry pioneers, exchange knowledge, and collaborate on innovative solutions. The conference emphasised the urgent need to accelerate the energy transition and foster global collaboration. Speakers highlighted the competitive advantage of adopting solutions now to meet regulatory targets, while stressing the need for faster adoption of transformative technologies, such as carbon capture and storage (CCS), alternative fuels and digital innovations for automation and efficiency. Low-carbon economy Chan Eng Soon, Chairman for the OSEA Advisory Committee and CEO at TCOMS Singapore Prof. Chan Eng Soon, Chairman for the OSEA Advisory Committee and Chief Executive Officer at Technology Centre for Offshore and Marine Singapore (TCOMS) commented on OSEA being at the forefront of innovation and driving sustainability.  He said: “There is work still to be done; we must embrace the energy transition, collaborate, and learn from each other, because we all play a role in the low-carbon economy.” Offshore energy market Additionally, there were exclusive content sessions ranging from Executive Networking sessions, OSEA academy and country hotspots, specially designed to provide marketing information, innovation and trends. This included highlighting specific offshore energy market and investments potentials, as well as driving connections among decision makers and experts. Initiatives on new fuels Yinson GreenTech unveiling its new electric crew transfer vessel Hydroglyder The industry’s need to decarbonise and change, has brought unprecedented challenges and opportunities to the offshore energy market. This echoed across the exhibition hall, with pioneering companies such as Seatrium discussing and highlighting initiatives on new fuels, CCS, and cleaner offshore production for marine decarbonisation, as well as initiatives showcased by the group pavilions.  Yinson GreenTech unveiling its new electric crew transfer vessel Hydroglyder, which is Singapore’s first fully electric hydrofoil vessel and marks a significant move towards sustainable marine innovation. Future of offshore energy Similarly, TechX@OSEA showcased transformative technologies, including startups shaping the future of offshore energy and driving innovation, collaboration, as well as the adoption of solutions that enhance business capabilities and sustainability. Leedon Nox reinforces its core capabilities as an industrial gas supplier with engineering and consultancy expertise ensuring reliability for customers in offshore operations, while Aramco displayed initiatives that support the future of energy, powering economies that fuel progress worldwide. Global shipbuilding collaboration Ragnar Energy Solutions signed a MOU for the construction of Crew Transfer Vessels Strategic Marine, Mirai Ships Inc., and Ragnar Energy Solutions signed a Memorandum of Understanding for the construction of Crew Transfer Vessels (CTVs) to support the growing Japanese offshore energy market and advancing global shipbuilding collaboration.  Mr. Sukumar Verma, Managing Director, Informa Markets Singapore, said: “Forging partnerships, collaboration, and community building will play a vital role in the transformation of the offshore energy industry. OSEA reinforces the power and reputation of Singapore as an important pioneer in global offshore energy and as a key maritime hub." Offshore energy community Verma added: "I am proud of how Informa Markets continues to provide an inspiring and informative platform for the offshore energy community with creative thinking to support professional development, individual wellbeing and industry growth. Thank you to all exhibitors, speakers, partners and visitors for your excellent collaboration.” OSEA will return to Singapore in November 2026. Informa Markets will host its next maritime event Sea Asia, in Singapore on March 2025 - marking its 10th edition as the premier international marketplace for the maritime industry.

Seatrade Maritime is delighted to welcome a number of key sponsors of London International Shipping Week 2023

Shipping Innovation, owner and organiser of London International Shipping Week, is delighted to welcome a number of key sponsors of LISW23. Seatrade Maritime, the specialist global event organiser and maritime news provider, has underlined its commitment to London International Shipping Week 2023 by becoming a Platinum Sponsor while the Bahamas Maritime Authority has been confirmed as a Silver Sponsor of the week. International maritime community Chris Morley, Group Director – Maritime Events at Informa Markets (owners of Seatrade Maritime), welcomed the tie-up with LISW23 which will see them promoted as one of the highest-level sponsors. In return, LISW will be promoted as an International Community Partner of a number of global events organised by Informa Markets and its Seatrade Maritime events arm in London, The Philippines, the US, Middle East and Singapore. Mr. Morley said: “As a provider of services that connect the international maritime community, it’s important to us to support LISW and help bring even more of the maritime industry together here in London. Our commitment is fuelled by shared values and an unwavering belief in the power of collaboration and connection.” Global maritime industry London International Shipping Week has been bringing the global maritime industry together" Capt. Dwain E. Hutchinson, Managing Director & CEO of the Bahamas Maritime Authority, said The BMA was delighted to be part of the exciting LISW23 week and was looking forward to the high-level business networking that the week will generate. He said: “London International Shipping Week has been bringing the global maritime industry together for the past 10 years and, as a leading registry, we are very pleased to be participating in this year’s event. We welcome this opportunity to meet up with many of our friends and partners from the industry worldwide.” Global maritime calendar Llewellyn Bankes-Hughes, co-owner of LISW23, said: “LISW has established itself as a must-attend event in the global maritime calendar and will build significantly on the success it achieved in September 2021 when it was held right in the middle of the COVID pandemic. The maritime world is back meeting face-to-face and the heightened interest in LISW23 means even more events during the week and more decision makers attending and networking.” “We are delighted to welcome our friends at Seatrade Maritime and The BMA into the LISW fold and we look forward to working closely with them to ensure their involvement is a massive success,” he said. LISW23 will be held during the week of September 11-15, 2023, and will play host to the maritime world with hundreds of events attracting thousands of international industry decision-makers into London during the week. The headline LISW23 Conference will be held on Wednesday, September 13th while the LISW23 Gala Dinner will be held on Thursday, September 14th.

MSC Group to take part in a Sea Asia virtual panel session organised by Informa Markets

Bud Darr, Executive Vice President Maritime Policy and Government Affairs, MSC Group will be taking part in a Sea Asia virtual panel session, held as part of The Maritime Online Series, which is being organised by Informa Markets.   The Maritime Online Series is a month-long series of online events and specially produced content, running from 21 June to 22 July 2021. With a different theme each week, the series will cover a number of essential topics: Crewing, Regulation, Digitalisation, Environment and Insurance. Ship energy efficiency Bud will join a panel on 14 July at 10:00 CET, titled ‘Progressing Decarbonisation – An Incremental Approach’. The session will be moderated by Edmund Hughes Ph.D., Director, Green Marine Associates, and the participants will discuss the market for transition fuels, tactics for ship energy efficiency and mid to long-term technology advances needed to make progress in decarbonisation. Fellow panellists include Berit Hinnemann (Director, Head of Decarbonisation Business Development, A. P. Moller Maersk), Dominik Schneiter (Vice President, Research and Development, WinGD), and Sanjay Verma (Director – Decarbonisation Solutions, Wartsila Singapore Pte Ltd).

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