Marina, the Philippine agency that oversees development, promotion, and regulation of the maritime industry in the country, just inked a five-year Memorandum of Understanding (MOU) with Singapore-based maritime tech solutions innovator Navozyme Pte Ltd in order to use the latter’s blockchain-powered platform in issuing seafarers’ certifications.
Navozyme Philippine lead Patricia Fernandez said that “the collaboration between Marina and Navozyme aims to eliminate the risk of fraudulent certificate issuance and streamline process flows creating greater safety, productivity, and an enhanced reputation for the Philippines’ maritime industry.”
The same report also quoted Fernandez explaining how blockchain technology expedites the exchange of information.
“The blockchain enabled N-CAP platform enables real-time exchange of certificate-related information between Marina and maritime stakeholders like seafarers, Maritime Training Institutions (MTIs), Maritime Higher Education Institutions (MHEIs), and Manning Agencies,” Fernandez said.
Signatories of the MOU were Marina OIC Administrator Vice Admiral Narciso Vingson Jr. and Navozyme CEO Captain Jitesh Jaipuriyar.
Witnessing the signing, meanwhile, were Marina Office of the Deputy Administrator Planning OIC Arsenio Lingad II; Maritime Academy of Asia and the Pacific (MAAP) president Vice Admiral Eduardo Santos; MAAP director of external relations Dr. Angelica Baylon; Navozyme chief strategy officer Anjaney Borwankar; Navozyme Philippine lead Patricia Fernandez; and Navozyme Europe representative and board member Daniel Visa Schmidt.
Navozyme had already established ties with various maritime organizations in the Philippines even prior to the MOU signing with Marina. It has past and on-going collaborations with MAAP, Magsaysay Maritime Corporation, and Jebsen Ship Management among others.
Navozyme’s blockchain-powered platform is currently being used by Singapore and some countries in Europe for port clearance and vessel registration.