Singapore, Tianjin pen green and digital corridor agreement

Time: 2023-12-11 10:58:44    Hits: 1585

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

Municipal Transportation Commission have signed a Memorandum of Understanding

(MoU) to establish the Singapore – Tianjin Green and Digital Shipping Corridor.

Singapore, Tianjin pen green and digital corridor agreement

Teo Eng Dih, Chief Executive, MPA, and Wang Zhinan, Director General,

Tianjin Municipal Transportation Commission, signed the MoU on 6 December

2023.

The agreement marks the first Green and Digital Shipping Corridor

established between Singapore and China to support the decarbonisation,

digitalisation, and growth of the maritime industry between Singapore and the

Bohai Region.

The Singapore – Tianjin Green and Digital Shipping Corridor will serve as a

testbed for both countries to pilot and trial digital solutions, alternative

fuels, and technologies, and facilitate talent development to support the

decarbonisation and digitalisation of shipping, reported the MPA.

Singapore and Tianjin will work with the research community, the institutes

of higher learning, and industry stakeholders such as shipping lines, port

operators, shipbuilders, classification societies, and bunker suppliers to

enable more efficient port clearance. This will be achieved through digital

exchanges.

Moreover, the organisations will work to encourage the offtake of zero or

near-zero greenhouse gas (GHG) emission fuels and adoption of new fuel

technologies.

In October 2023, the MPA issued an Expression of Interest (EOI) requesting

financial institutions to submit solutions to expedite the adoption of electric

harbour crafts.

More recently, the port authority together with the Ports of Los Angeles

and Long Beach announced a Partnership Strategy for a green and digital maritime

corridor across the Pacific Ocean.

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