Bureau Veritas (BV) has unveiled a new government-backed centre of excellence in Singapore that it hopes will develop a new model of innovation for shipping’s sustainability drive.

The innovation Centre of Alternative Renewables Energy (iCARE) aims to drive sustainable growth and new technology as part of the city state’s overall goal of increasing competitiveness in the maritime industry.

By creating an enabling environment for value innovation in the industry, BV said it hopes to generate a "positive impact and attract and develop talent in maritime careers".