The Green and Digital Shipping Corridor between Singapore and Japan
- March 18, 2024
- News
Singapore and Australia have signed a Memorandum of Understanding (MoU) to establish the Singapore-Australia Green and Digital Shipping Corridor (GDSC), demonstrating their commitment to sustainable maritime practices. The agreement, celebrated during the 9th Annual Leaders’ Meeting in Melbourne, aims to accelerate the decarbonisation and digitalisation of the shipping industry.
Signed by Mr Chee Hong Tat, Singapore’s Minister for Transport and Second Minister for Finance, and the Hon Catherine King MP, Australian Minister for Infrastructure, Transport, Regional Development, and Local Government, the MoU outlines a framework for collaboration. It includes initiatives to develop zero or near-zero greenhouse gas (GHG) emission fuel supply chains, establish the necessary infrastructure, standardize protocols, and implement training programs in the maritime sector.
Central to the collaboration is the exploration of digital solutions to enhance efficiency between Singapore and Australia’s ports. Leveraging Australia’s renewable energy resources and Singapore’s research and innovation ecosystem, the partnership aims to drive innovation and adoption of sustainable technologies in the maritime industry.
The partnership aligns with the objectives outlined in the Singapore-Australia Green Economy Agreement signed in October 2022, emphasizing the shared commitment to environmental stewardship. Through research and development initiatives under the Australia-Singapore Initiative on Low Emissions Technologies for Maritime and Port Operations (ASLET), the collaboration aims to pioneer solutions that will shape the future of maritime transportation globally.
Additionally, a Memorandum of Cooperation (MoC) between the Ministry of Transport of Singapore (MOT) and the Ministry of Land, Infrastructure, Transport and Tourism of Japan (MLIT) establishes the Singapore-Japan Green and Digital Shipping Corridor. This partnership, focusing on decarbonisation, digitalisation, and industry expansion in maritime sectors, aims to set standards and practices for a greener, more sustainable future.
The establishment of these Green and Digital Shipping Corridors heralds a new era of collaboration and innovation in maritime sustainability, paving the way for transformative change in the industry.