Lloyd’s Register collaborates with A*STAR

The aim is to establish a joint lab facility with A*STAR’s Institute for High Performance Computing (IHPC) to co-develop applications and solutions for the marine and offshore sectors. The collaboration will support and promote R&D projects in modelling and simulation, providing customised solutions for companies.

Richard Sadler, CEO, Lloyd’s Register, said: “Our investment in the new Lloyd’s Register Group Technology Centre in Singapore, coupled with the agreement with A*STAR, represents a shared vision to create a long term centre of excellence for technology, innovation and research that will benefit Singapore, industry and society at large.”

Singapore’s marine and offshore industry has grown a great deal over the last few years, recording an output increase of more than 30% from 2006 to 20011, contributing to 5.8% of Singapore’s manufacturing output.

The collaboration between the two companies provides a strategic platform to carry out key research and improve solutions.