Maritime Singapore taking steps towards a greener maritime industry
The Maritime and Port Authority of Singapore (MPA) has signed a memorandum of cooperation with six companies, namely BW Group, Sembcorp Marine, Eastern Pacific Shipping, Ocean Network Express, Foundation Det Norske Veritas and BHP, to establish a fund to set up a maritime decarbonisation centre in Singapore.
Under the partnership, each firm will contribute $10 million to support the centre and fund research and technology development projects to reduce the maritime industry’s greenhouse gas emissions. MPA will contribute an additional $60 million, bringing the total to $120 million.
The Pasir Panjang Terminal is among one of four container terminals operated by PSA Singapore that will be merged to form Tuas Port. The terminal also facilitated Asia’s first ship-to-container ship LNG bunkering operation in March, encouraging greater adoption of the fuel.PHOTO: PSA CORPORATION LTD
Maritime Singapore taking steps towards a greener maritime industry
straitstimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from straitstimes.com Daily Mail and Mail on Sunday newspapers.
World Customs Organization
wcoomd.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wcoomd.org Daily Mail and Mail on Sunday newspapers.
Blocked Suez canal: Minimal impact on M sia | Daily Express Online - Sabah s Leading News Portal
dailyexpress.com.my - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailyexpress.com.my Daily Mail and Mail on Sunday newspapers.