This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Lloyd's Register And A*STAR IHPC Open Joint Laboratory To Pursue R&D On Technical Innovations In The Energy And Marine Industries

Said Prof Alfred Huan, "The investments by Lloyd's Register in the GTC is a major boost for R&D activities in our marine and offshore sector, which will translate into opportunities for more value-add and business to our local partners. IHPC is excited to embark on joint projects with Lloyd's Register, being a leading authority on safety in the global energy and maritime arenas. We are confident that our strengths in modeling and simulation, combined with LR's expertise in these domains, will catalyse innovations and ideas to benefit the industry on the whole and present development mileage to companies to equip themselves for new challenges in these sectors."

Singapore's marine and offshore industry has grown significantly over the last few years, recording an output increase of more than 30% from 2006 to 2011, contributing to 5.8% of Singapore's manufacturing output.

A*STAR's cooperation with Lloyd's Register, the world's first classification society, provides a strategic platform to develop key research capabilities in this important sector.

About Lloyd's Register

Lloyd's Register provides independent assurance to companies operating high-risk, capital-intensive assets in the energy and transportation sectors. We enhance the safety of life, property and the environment by helping our clients to ensure the quality construction and operation of critical infrastructure. The parent entity of the Lloyd's Register group is a charity, Lloyd's Register Foundation. Its operating company, Lloyd's Register Group Limited, generates the profits that fund its public benefit activities.

For more information, please visit http://www.lr.org.

'Lloyd's Register' is a trading name of Lloyd's Register Group Limited and its subsidiaries. For further details, see http://www.lr.org/entities.

About the Institute of High Performance Computing (IHPC)

As a national research institute supported by A*STAR through its Science and Engineering Research Council (SERC), the Institute of High Performance Computing (IHPC) was established in April 1998 to provide leadership in high performance computing as a strategic resource for scientific inquiry and industry development. IHPC seeks to power discoveries through advanced methodologies, techniques and new tools in modelling, simulation and visualisation. Its core research areas are in the realm of complex-coupled systems, mechanics and fluid dynamics, large-scale systems, digital modelling, adaptive and collaborative computing, data mining and analysis, computational electronics and electromagnetics, computational materials science and chemistry.

For more information about IHPC, please visit http://www.ihpc.a-star.edu.sg.

About the Agency for Science, Technology and Research (A*STAR)

The Agency for Science, Technology and Research (A*STAR) is Singapore's lead public sector agency that fosters world-class scientific research and talent to drive economic growth and transform Singapore into a vibrant knowledge-based and innovation driven economy. In line with its mission-oriented mandate, A*STAR spearheads research and development in fields that are essential to growing Singapore's manufacturing sector and catalysing new growth industries.

A*STAR supports these economic clusters by providing intellectual, human and industrial capital to its partners in industry.

2 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 17,826.30 -279.47 -1.54%
S&P 500 2,081.18 -23.81 -1.13%
NASDAQ 4,931.8150 -75.9760 -1.52%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs