MPA, GCNS ink carbon accounting partnership

The Maritime and Port Authority of Singapore (MPA) and the UN

accounting and management.

The MoU builds on MPA and GCNS’s long-standing partnership to improve

maritime sustainability capabilities, including a 2017 MoU to offer maritime

enterprises with sustainability reporting training.

Under the new MoU signed on 14 August, MPA and GCNS will work with key

industry associations such as the Association of Regional Ferry Operators, the

Association of Singapore Marine & Offshore Energy Industries (ASMI), the

Singapore Association of Shipsuppliers and Services (SASS), and SSA to train

their members in workshops on how to use the Carbon Emissions Recording Tool

(CERT) to measure and monitor their companies’ carbon emissions.

The partners will collaborate to create training workshops to meet the

carbon accounting and management needs of maritime companies, including sharing

information on green financing and funding schemes that maritime companies can

use to reduce the cost of deploying low and zero-carbon emission technologies

and vessel designs.

Teo Eng Dih, Chief Executive of MPA, said: “This MoU with GCNS reaffirms

the importance of carbon accounting and management tools, to help maritime

companies to accurately measure, report and verify their carbon emissions.”

Veronica Lai, Vice President of GCNS, stated: “GCNS is delighted to

strengthen this vital partnership with MPA and the trade associations of ASMI,

ARFO, SASS and SSA. We firmly believe that collaboration within the industry is

essential for advancing Singapore’s maritime decarbonisation efforts, and this

MoU is a testament of that commitment.”

In July, MPA and Microsoft signed a MoU to work on new technologies such as

cloud computing, artificial intelligence (AI), data analytics, robots, and

cybersecurity.