The Maritime and Port Authority of Singapore (MPA) and the Port of Rotterdam Authority have signed a memorandum of understanding (MoU) to establish the world’s longest Green and Digital Corridor to support shipping decarbonisation.
The MoU intends to bring together stakeholders across the supply chain to have the first sustainable vessels sailing on the route by 2027.
Singapore and Rotterdam have agreed to bring together a broad coalition of shippers, fuel suppliers and other companies to collectively work on improving the viability of alternative fuels, while also looking at ways to optimise maritime efficiency by creating a digital trade lane where relevant data, electronic documentation and standards are shared.
This will facilitate the seamless movement of vessels and cargo along the corridor and optimise just-in-time arrival of vessels from port to port.
The parties will work with the Global Centre for Maritime Decarbonisation and the Maersk Mc-Kinney Møller Center for Zero-Carbon Shipping as action partners, as well as other industry partners across the supply chain, including BP, CMA CGM, Digital Container Shipping Association (DCSA), Maersk, MSC, Ocean Network Express, PSA International, and Shell.
Integrating major industry players into the project is expected to help in building investment confidence, to attract green financing and kickstart joint bunkering pilots and trials for digitalisation and the use of low- and zero carbon fuels along the route, the group said.
“This MoU further strengthens the strong partnership between Singapore and Rotterdam. It reaffirms Singapore’s commitment towards facilitating a multi-fuel bunkering transition as part of the Maritime Singapore Decarbonisation Blueprint 2050 and accelerates our digitalisation efforts to optimise maritime efficiency and improve supply chain resilience,” said Quah Ley Hoon, Chief Executive of MPA.
“The pilot will complement efforts undertaken by the shipping industry, including partners such as Google Cloud, and the IMO to support decarbonisation and digitalisation transition for international shipping, as we work towards developing and scaling up green and digital solutions for wider adoption.”