Asia Days 2013 - Market opportunities in Asia

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Asia Days 2013 - Market opportunities in Asia

  1. 1. >>> Back to indexInnovation Norway and Market opportunities in Asiafor Norwegian maritime industryNorshipping 6th June 2013Egil RensvikScience & Technology CounsellorSouth & SouthEast AsiaInnovation Norway, Singapore
  2. 2. >>> Back to index1000 – 1100 Small Scale LNG in Asia Markets1100 General info from Innovation NorwayNews from the markets:1115 Singapore1135 Vietnam1155 IndiaFrom 1245:1245 Japan1305 China1325 Korea1345 – END: B2B2
  3. 3. >>> Back to index>>> Back to indexAsia3IndiaVietnamIndonesiaSingaporeUAESouthKoreaChinaJapanThailandMalaysiaInnovation Norway in AsiaThe PhilippinesTaiwanSri LankaSaudiArabiaIraqIranRussiaMongoliaYemenNepal
  4. 4. >>> Back to index>>> Back to indexInnovation Norway -The Commercial section of theRoyal Norwegian Embassy,presence in Asia• Tokyo• Seoul• Beijing• Shanghai• Hanoi• Bangkok• Kuala Lumpur• Singapore• Dhaka• Delhi• Abu Dhabi• Jakarta
  5. 5. >>> Back to index>>> Back to indexWe contribute to• Innovation in Norwegian tradeand industry• Making Norwegian businessescompetitive domestically andinternationally• Promoting the reputation ofNorwegian businesses5Photo: Siv Nærø/ Innovation Norway
  6. 6. >>> Back to index>>> Back to index6Our servicesPromotionalservicesCompetenceservices AdvisoryservicesNetworkingservicesFinancingservices
  7. 7. >>> Back to index 7Singapore
  8. 8. >>> Back to index
  9. 9. >>> Back to index>>> Back to indexSingapore• Population (2010) 5,076 mill• Area 712 sq. km• GDP Growth (2010) 14,5%• Inflation (2008) 6.5%• GDP/Capita (2010) 59,813 SGD• GDP Composition• Agriculture 0%• Industry 28%• Services 72%• Demographical dataAge 0-14: 14%Age 15-65: 77%Age > 65 9%• Religions;Buddhists 42.5%Muslims 14.9%Christians 14.6%SingaporeRegional OfficeSectors Maritime Oil & Gas Energy & Environment; Health & MedTech ICTScience, Research &TechnologyOther Gründerskolen Exhibitions Conferences/SeminarsInnovation Norway in Singapore
  10. 10. Singapore’ s DemographyPopulation: 5.076 Mill (1.2 million are foreigners)- 760K on Work Permit, 145K in Employment Pass, 85K Students, 200K DependantsPop. Density: 6800 per sq. km (Norway is 13)Ethnic groups: Chinese 75 %Malay 13.5%Indian 9 %Others 2.5 %Languages: 4 Official LanguagesEnglish, Mandarin, Malay & Tamil- English is the main language for administrationand business
  11. 11. History of SingaporeFounded : 1819 by Sir Stamford RafflesJapanese Occupation: Feb 1942 - Sept 1945Self-Government from British: 1959Part of Malaysia: 31 August 1963Independence: 9 August 1965
  12. 12. The GovernmentRepublic with a Parliamentary System of GovernmentHead of State: PresidentCabinet: Led by Prime MinisterRuling Party: Peoples Action Party, in power since 1959Parliament: MPs are elected by GE every 5 Years
  13. 13. >>> Back to index UpdatedSingapore – A City StateCity CentreManufacturingPetrochemical ComplexAirportLand Area712 sq km(Norway: 600x)
  14. 14. >>> Back to indexSingapore - A Complete Maritime Cluster• Home to more than 100 major international shipping groups• Asian hub for shipping finance, ship brokering, risk managementand marine insurance.• Singapore is fast becoming Asia’s centre for maritime law andarbitration• A top global player in the offshore and marine engineeringindustry.• HQ and rep. offices of international maritime organisations andassociations (Baltic Exchange, Asian Ship owners Forum, International BunkerIndustry Association, International Association of Independent Tanker Owners andBaltic and International Maritime Council. )
  15. 15. >>> Back to indexSingapore – an Overview Annually, more than 120 000 ships call at Singapore World’s busiest port, in terms of shipping tonnage Close to 1000 vessels in the port at any one time Singapore is well-connected to more than 600 ports in over 120 countries Singapore is strategically located at the cross-road of major shipping routes: through which 1/3 of world’s trade 1/2 of the world’s oil trade passes One of the top bunkering ports in the world Singapore is the world’s third-largest petrochemical refiner The Singapore Registry of Ships (SRS) among 10 largest registries in the world 5000 maritime companies with 120 000 employees - contributing 7% to GDP
  16. 16. >>> Back to indexSingapore Today –Some HighlightsMaritime Sector World’s Busiest Port (in terms of Shipping Tonnage) World’s 2nd Largest Container Port (after Shanghai) One the World’s Top Bunkering PortOil & Gas Sector World’s 3rd Largest Oil Refining Centre (after Rotterdam &Houston) World’s 3rd Largest Oil Trading Centre (after New York &London) 70% of World’s Market Share for Offshore Rigs 70% of World’s Market Share for FPSO/FSO Conversions
  17. 17. >>> Back to indexMarine & Offshore industry - SingaporeRigging and OffshoreEngineering• 70 % market share of Jack-upRigs buildingsMarine Supporting Industries• Electronics communication andnavigation• Automation precision machining• Corrosion control• Manufacturing/servicing marineequipment/components• Ship design, consultancy• Marine inspection and surveying,etc
  18. 18. >>> Back to indexSingapore Ports and Yards
  19. 19. >>> Back to indexShipyards in Singapore• Keppel Shipyard Ltd [40 35]• Jurong Shipyard (Tanjong Kling)[• Sembawang Shipyard Pte Ltd.[ 36]• Singapore Technologies Marine Ltd (ST Marine)[37]• PPL Shipyard [38• Pandan Shipyard Pte Ltd [43]• Drydocks world-S.E.Asia]• Jaya S.B. & Eng. (Singapore)• Kreuz Shipbuilding & Engineering Pte Ltd [41]• Kwong Soon Engineering Co. (Pte) Ltd [42]+ Yards in Batam, Indonesia
  20. 20. >>> Back to index 20Large Building contracts for Norwegian Owners• Ivar Åsen – North Sea – The Norske oil CompanySMOE – Sembawang topside module• Seadrill / Oddfjell – 6 Drill Ships Singapore / Brazil• Aker Solution 6 bNOK contract Sembawang
  21. 21. >>> Back to indexNorway in Singapore• Singapore as regional Hub• Close to 240 Norwegian companies within maritime/offshoreMaritimeOil & GasTelecommunicationsManufacturingTransportationFinancial ServicesOther
  22. 22. Norwegian Business Association (Singapore):• Grunnlagt i 1993 som enfortsettelse av NIFS (NorskIndustrielt Forum Singapore)• Forum for norskrelatertnæringslivsvirksomhet iSingapore• Nettverksbygging, faglige- ogsosiale arrangementer samtinformasjons-arbeid.• Nært samarbeid med dennorske ambassaden ogInnovasjon Norge
  23. 23. >>> Back to indexWhy Singapore?SingaporeStrategically located at the Cross-road of Major Shipping Routes(thru’ which ½ of world’s oil supplies & 1/3of global trade passes)Located at the heart of SE Asia(~600 Million People)Excellent Location for Test-bedding of New Products &Services, R&D and Springboardto the Regional Markets
  24. 24. >>> Back to index 25The Maritime Singapore GreenInitiative seeks to reducethe environmental impact of shippingand relatedactivities and to promote clean andgreen shippingGREEN SHIPPROGRAMMEGREEN PORTPROGRAMMEGREEN TECHNOLOGYPROGRAMME
  25. 25. >>> Back to indexSingapore’ s Economic Transformation- from 3rd World to the 1st World1960sLabour-IntensiveIndustrializationCreate Employment E.g.Textile & ConsumerElectronics1970sSkill-Intensive FocusFocus on upgrading theskills and productivity ofthe workforce to attractforeign investments1980sCapital-IntensiveIndustrializationAttract MNCs esp. withinthe Electronics &Petrochemicals1990sTechnology &Knowledge-DrivenFull EmploymentPhase out Labor intensivePromote Hi-tech sector (e.g.computer chips,pharmaceuticals)) & R&DFinancial & Business Service2000s& TodayInnovation-IntensiveFocusFocus Areas ?
  26. 26. >>> Back to indexThe Innovation-Intensive21st Century- Continuously identifying new areas of growthDigital MediaCleanEnergyEnviron-mentalTechnologiesBio-technology
  27. 27. >>> Back to index 28Government IncentivesSupporting Manpower Capability Development• Initiatives in New Technology Scheme (EDB)• Training and Attachment Programme (EDB)Supporting New Venture Formation• Startup Enterprise Development Scheme (EDB,SPRING)
  28. 28. >>> Back to indexSingapore - A Complete Maritime Cluster
  29. 29. MoU RCN – MPACooperation between Singapore and Norwaywithin Maritime Research, Innovation and EducationEgil RensvikScience &Technology Counsellor,Innovation Norway South & Southeast Asia, Singapore
  30. 30. Partnership InnovationNorwegian Universities/R/D institutionsSingapoeanUniversities/R/D institutionsR&D financing R&D financingSingaporeancompaniesNorwegiancompaniesKnowledgeInnovationBusiness
  31. 31. "The maritime R&D collaboration with Singapore has been instrumental in bringingNorwegian universities and technology providers closer to partners in Singapore and Asia.With the renewal of the MoU, Norwegian technology and competence providers will furtherstrengthen their network with the maritime community in Singapore to address global issuesand opportunities in this industry," says RCN director general Mr Arvid Hallen"The renewal of the MoU attests to the success of Singapores collaboration with Norway inmaritime R&D, and paves the way for further cooperation that will benefit the Singaporemaritime cluster including the port, shipping, offshore and marine engineering, and themaritime services sectors," says MPA chief executive Mr Lam Yi Young. "By facilitating thesharing of ideas, experiences and expertise to promote maritime R&D collaborations andactivities, the MPA-RCN MoU contributes to Singapores development as an internationalmaritime centre." Joint seminar 1997 Norway - Singapore MoU signed March 2000, renewed in 2003, 2006, 2009,2012 Norway: Research Council of Norway (RCN) Singapore: Maritime & Port Authority (MPA) 1-2 yearly meetings Cooperation: Both R&D Education and TrainingBackground - Maritime MoU
  32. 32. The four local universities inSingapore :National University of Singapore(NUS)Nanyang Technological University(NTU)Singapore Management University(SMU)Singapore University of Technologyand Design (SUTD)Since its founding in 1905, NUS has since evolved into a comprehensive university offering courses in majordisciplines such as the Sciences, Engineering, Technology, Law, Arts & Social Sciences and Medicine.NTU was set up in 1981 to provide facilities for tertiary education and research in engineering and technology.It has since incorporated the National Institute of Education (NIE) "the teachers college" andexpanded to include Accountancy, Business and Communication Studies.SMU was established in 2000 as the first publicly-funded private university with a focus onbusiness and management programmes.SUTD was added to the university landscape in 2008 and will matriculate its first batch of students in April 2012.SUTD offers education in science, technology, arts, humanities, and social sciences
  33. 33. The Sustainable Marine TransportationConference 2011LNG- Fuelling the Future
  34. 34. Asia Offshore Technology Conference- The Challenges of Offshore E&P in AsiaPacific16th of April 2013 at Raffles Town Club
  35. 35. >>> Back to index>>> Back to indexWorking also with the big …… ‘locomotives’ for the small …Photo: Damian HeinischFocus on SMEs ….
  36. 36. >>> Back to index>>> Back to index 37-About the sector:- Majority of the worlds ship building with increasing complexity- Majority of cargo transport to and from Asia region- Low labor cost in some countries- Increased focus on Green technologyOpportunity areas:- Shipbuilding merchant and offshore vessels- Ship Design packages- Ship equipment and systems delivery- Maritime and Offshore Engineering- Coastal Surveillance- Transport and use of LNG- Port Operation – Transport Logistics - ICTMaritime Sector in Asia
  37. 37. >>> Back to index
  38. 38. >>> Back to indexThank you for your attention39Egil.Rensvik@innovationnorway.no

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