Singapore Port Authority Launches $90m Decarbonisation Fund

Capt. John
  • MPA has signed a memorandum of cooperation (MoC) with industry heavyweights to establish a fund for a maritime decarbonization center in Singapore.
  • The deal was signed with BW Group, Sembcorp Marine, Eastern Pacific Shipping, Ocean Network Express, Foundation Det Norske Veritas, and BHP.

The Maritime and Port Authority of Singapore (MPA) has announced two initiatives to reduce the shipping industry’s greenhouse gas emissions, including a S$120 million ($90 million) fund for a decarbonisation...

https://mfame.guru/singapore-port-authority-launches-90m-decarbonisation-fund/

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