MOL, MPA inks green and digital MoU

Mitsui O.S.K. Lines, Ltd. (MOL) has signed a comprehensive

digitalisation, and human resources development.

MOL and MPA have been cooperating in various initiatives to decarbonise the

maritime industry, the new agreement will further promote these initiatives in a

wide range of fields.

Specifically, the scope of the MoU covers the following:

Collaboration in the field of decarbonisation in the maritime industry in

general: Mutual collaboration to establish a supply system for next-generation

fuel sources such as methanol, ammonia, and hydrogen. The collaboration will

also include a study on the use of wind technology.

Digitalisation and maritime innovation: Improving voyage management and

efficiency of transport operations through digitalisation, including the

development of cybersecurity, collaboration on autonomous vessel trials, and

nurturing a marine innovation ecosystem that emphasizes collaboration with local

startups.

Joint development of maritime human resources: Grow and enhance manpower

capabilities, including grooming seafarers and shore-based workforce.

MPA Chief Executive, Teo Eng Dih, said: “As a maritime hub port, supported

by our innovation and research ecosystem, MPA is working closely with industry

and tripartite partners to support digitalisation, cybersecurity,

decarbonisation and manpower capabilities.

“We look forward to MOL’s expansion of activities, tapping on both our

experience and expertise, to develop scalable solutions for the Singapore-Japan

Green and Digital Shipping Corridor and the wider maritime community.”

MOL President & CEO, Takeshi Hashimoto, commented: “We have been

focusing on the fields of decarbonisation, digitalisation, and human resources

development, which we have decided to deepen cooperation with MPA this time.

“MPA is committed to working hard to create a sustainable maritime industry

in Singapore, the hub of the maritime industry. We pay our respect to MPA for

its enthusiasm and energy.

“The fields of bilateral cooperation are also a challenge for the maritime

industry as a whole, and I hope we can increase the feasibility by working

together as like-minded people. We are confident that the establishment of this

comprehensive cooperative relationship will contribute to the maritime industry

in general.”

Last month, MOL was contracted to study the use of ships to transport

liquefied CO2 as part of a CCS development project off western Kyushu.