Six companies including Singapore’s Ocean Network Express (ONE), Sembcorp Marine, Eastern Pacific Shipping and the Maritime and Port Authority of Singapore (MPA) have signed a declaration to develop a decarbonisation centre with Australian company BHP and European firm Foundation Det Norske Veritas.
Each of the six companies will contribute S$10 million (US$7.5 million) in a S$120 million (US$90.21 million) fund for a maritime decarbonisation research centre in Singapore to fund maritime -related research and technology development projects for the decarbonisation of the industry and to collaborate with academic institutes.
[s2If is_user_logged_in()]Jeremy Nixon, CEO, Ocean Network Express “This is a further significant step forward by ONE, in alignment with its new green strategy direction. ONE is committed to accelerating maritime decarbonisation collaboration at both governmental and private sector industry level.”
Quah Ley Hoon, chief executive of the MPA “Maritime decarbonisation is a global challenge requiring a collective responsibility from all stakeholders involved. It is crucial to have strong public-private sector partnerships.”
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