French liquefied cargo and fuel tank manufacturer GTT is diversifying into the digitalisation realm by building a new hub in Singapore to target shipowners with digital products and services.
Called the 'Digital Hub of Excellence' in a statement from GTT, chief executive Philippe Berterottière said the company was diversifying and speeding up an internal digital transformation.
"In addition to LNG as fuel, a market in which GTT intends to grow, the digital services will enable us to explore new paths and deliver differentiating value to new segments within the shipping industry," he said.
The company said the shipping industry is opening to digitalisation, prompting it to take advantage of an opportunity – with the support of Singapore's Economic Development Board – to offer digital products and services to reduce costs, mitigate risks, improve efficiency and aid compliance for shipowners.
Along with the digitalisation hub, GTT is launching specialised programs in Maritime Business Process Digitalisation, Smart Shipping and Smart Ports. The Digital Hub will be run by GTT’s local subsidiaries Ascenz Solutions and GTT South East Asia and sold globally through GTT.
Singapore Economic Development Board executive director for investment facilitation Linda Sein said “GTT’s plan to set up its Digital Hub of Excellence is in line with Singapore’s Marine & Offshore Engineering (M&OE) Industry Transformation Map... Once fully operational, we believe that the hub will enhance Singapore’s M&OE ecosystem and, in the process, create good job opportunities for Singaporeans to gain new valuable and practical experience."