The Maritime and Port Authority of Singapore (MPA) has signed two agreements to advance decarbonisation efforts in the maritime industry, one of which includes the launch of a $90m (S$120m) fund for this purpose.
The port authority has joined six shipping industry partners in a memorandum of cooperation to establish the fund, which will be used to construct a new maritime decarbonisation centre in Singapore.
The six companies include BW Group, Sembcorp Marine, Eastern Pacific Shipping, Ocean...
https://www.ship-technology.com/news/singapore-mpa-90m-decarbonisation-maritime-industry/