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BHP becomes a founding member of Maritime Decarbonisation Centre in Singapore
BHP has signed a Memorandum of Cooperation (MoC) with Singapore’s Maritime and Port Authority (MPA) to become one of the founding members of the Maritime Decarbonisation Centre to be set up in Singapore.
Under the MoC, BHP together with BW Group, Eastern Pacific Shipping, Ocean Network Express, Sembcorp Marine Ltd and The Foundation Det Norske Veritas have pledged to contribute S$10 million each to support the establishment of the centre and fund research and technology development projects in areas relating to decarbonisation in the maritime industry. MPA will add S$60 million R&D funding to these contributions, bringing the fund to a total of S$120 million.
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Required fields BHP has signed a Memorandum of Cooperation (MoC) with Singapore s Maritime and Port Authority (MPA) to become one of the founding members of the Maritime Decarbonisation Centre to be set up in Singapore. Under the MoC, BHP together with BW Group, Eastern Pacific Shipping, Ocean Network Express, Sembcorp Marine Ltd and The Foundation Det Norske Veritas have pledged to contribute S$10 million each to support the establishment of the centre and fund research and technology development projects in areas relating to decarbonisation in the maritime industry. MPA will add S$60 million R&D funding to these contributions, bringing the fund to a total of S$120 million.
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