The Maritime and Port Authority of Singapore (MPA Singapore) and Lloyd’s Register Maritime Decarbonisation Hub (LR MDH) have signed a Memorandum of Understanding (MoU) aiming to collaborate on a fleet-specific decarbonisation strategy.
The agreement includes an implementation plan for ‘The Silk Alliance’ cross-industry initiative to enable zero-emission shipping across the Indian and Pacific Oceans.
Moreover, both parties will strengthen their commitment to developing partnerships in co-creating the green corridor to trial decarbonisation strategies for container ships operating primarily in Asia to achieve a significant emission-saving impact.
In fact, LR MDH, which is a joint initiative between Lloyd’s Register Group and Lloyd’s Register Foundation, won the International Maritime Organisation (IMO)-MPA NextGEN Connect Challenge for the “Development of a Route-based Action Plan Methodology based on The Silk Alliance”.
MPA commented that its entry into ‘The Silk Alliance’ initiative is, “a significant step forward towards deeper public-private sector collaboration between global maritime industry players and Singapore’s port regulator, focusing on actions to unlock key investments across the Indian and Pacific Oceans region as the green corridor cluster moves into an implementation phase.”
The authority added, “The collaboration includes driving investments into scalable fuel supply infrastructure to meet the demand aggregation signal of members of The Silk Alliance and potential wider regional bunkering demands for alternative fuels.”
Nick Brown, CEO of Lloyd’s Register, commented, “We’re delighted to welcome the MPA to the expanding ‘The Silk Alliance’ cross-industry collaboration. Flag and port authorities play a crucial role in increasing the industry’s confidence in zero-emissions shipping, and as the world’s largest bunkering hub, we see Singapore and the MPA as a driving force in advancing the safe uptake of low-to-zero emissions fuel in the global shipping industry.”
