The Maritime & Port Authority of Singapore (MPA) and the Port of Rotterdam have signed a Memorandum Of Understanding to set up a green, digital corridor focused on low-or zero-carbon shipping.
Under the agreement, signed by MPA CEO Quah Ley Hoon and Allard Castelein, CEO of the Port of Rotterdam, the two partners will seek to bring together stakeholders throughout the supply chain to build the first sustainable ships that will sail the route by 2027.
Being among the world’s top bunkering hubs, the two ports decided to rally together a broad coalition of shippers, fuel suppliers and other companies to work collectively on potential solutions for alternative fuels such as synthetic methane, hydrogen and hydrogen-based fuels including ammonia and methanol.
In addition, the aim is also to optimize maritime efficiency, safety and transparent goods flows by creating a digital trade lane where relevant data, electronic documentation and standards are shared, the partners said.
Translation by Giles Foster