News Details

Singapore to launch notation recognising shipowners & operators who voluntarily incorporate solutions to drive digital transformation, strengthen cyber security

   
The Maritime and Port Authority of Singapore (MPA) is set to roll out the SRS Notation initiative to recognise shipowners and operators who voluntarily incorporate solutions to drive digital transformation, strengthen cyber security, enhance well-being of seafarers and pursue sustainable shipping. The SRS is the first ship registry in the world to introduce such an accreditation system. This was announced recently by Mr Chee Hong Tat, Singapore Senior Minister of State for Transport, said a release.


SRS Notation is an accreditation system for vessels that have done well in key areas. Mr Chee Hong Tat said: “Looking ahead, we aspire for the SRS Notation to be universally recognised as an assurance of a vessel’s quality and future-readiness.”


First ship registry in the world to introduce “smart”, “cyber”, “welfare” and “green” notations for vessels


To be rolled out on November 1, 2021, the SRS Notation covers four categories and is available to shipowners at no additional cost. Singapore-flagged vessels that fulfil the requirements for each of the categories will be issued a certificate of recognition and their details will be published on the MPA website to enhance their commercial attractiveness. The notation categories are:


a. “Smart” notation – Awarded to vessels that adopt digital solutions to improve the safety and efficiency of shipboard operations, such as automation, advanced monitoring, and remote inspection.


b. “Cyber” notation – Awarded to vessels that have adopted advanced cyber security measures to protect their key shipboard operational technology systems from cyber attacks. The four key systems are communication systems, propulsion, machinery and power control systems, navigation systems and cargo management systems.


c. “Welfare” notation – Awarded to vessels equipped with good infrastructure and welfare amenities to enhance the quality of life for their crew.


d. “Green” notation – Awarded to vessels that have implemented solutions to reduce their carbon emissions, such as usage of low- or zero-carbon fuels. Qualifying vessels will receive additional benefits that would be introduced from 2022, such as a reduction in initial registration fees and rebates on annual tonnage taxes during the qualifying duration.

 

Source: Exim News Service: Singapore, Oct. 12