A new green shipping corridor is set to be established between Singapore and Australia.
Under the memorandum of understanding signed on 5 March, both countries will work with interested partners to develop zero or near-zero fuel supply chains, including building the necessary infrastructure, formalising standards, and developing and implementing training.
The deal will also explore the use of digital information to manage port calls and vessel flows.
“The MoU affirms the shared commitment of Singapore and Australia to pool our expertise and resources to develop scalable green and digital solutions for the maritime sector, and upskill our workforce to support the energy transition,” said Singapore’s Minister for Transport, Chee Hong Tat.
The Australian Minister for Infrastructure, Transport, Regional Development and Local Government, Catherine King, hailed the ‘important partnership for a sustainable global maritime future’.
“This collaboration will place Singapore and Australia amongst the leaders in contributing to the international maritime community’s objectives, while supporting Australia’s exports of clean renewable energy,” she said.
Australia holds great potential to be a key producer of green marine fuels, and Singapore is the world’s largest bunkering and busiest transshipment hub port.
In addition to the MoU, MPA and Australia’s Commonwealth Scientific and Industrial Research Organisation and Singapore’s Agency for Science, Technology and Research are collaborating on research and development, demonstration projects, and pilots under the Australia-Singapore Initiative on Low Emissions Technologies for Maritime and Port Operations.