Mitsui O.S.K. Lines (MOL) has signed a memorandum of understanding (MoU) with the Maritime and Port Authority of Singapore (MPA) to collaborate in the fields of decarbonisation, digitalisation, and human resources development.
MOL and MPA have already been working together on various initiatives related to decarbonisation and this new agreement will expand this work to a wider range of fields.
“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,” said MOL President and CEO Takeshi Hashimoto.
“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.”
Specifically, the scope of the MoU covers collaboration to establish a supply system for next-generation fuel sources such as methanol, ammonia and hydrogen, as well as studies on the use of wind technology. It also calls for an examination of how transport operations can be improved through digitalisation, including cybersecurity development, autonomous vessel trials, and nurturing local startups.
The partners will additionally work together to grow and enhance the maritime workforce, including support for the ongoing development of seafarers and shore-based workers.
“This MoU reaffirms MPA and MOL’s longstanding collaboration. 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,” said MPA Chief Executive Teo Eng Dih.
“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.”
