$12.1m funding for two maritime sector projects

[SINGAPORE] The maritime industry's research and development (R&D) efforts are being given a $12.1 million boost and the amount will be spread out over two key initiatives, the Singapore Maritime Institute (SMI) announced at its third annual forum yesterday.

Of the sum, $4 million will go towards the new SMI Maritime Fellowship Programme that will start in January next year. This programme, which will involve maritime industry experts and members of academia, will …