MPA Singapore and Nippon Yusen Kabushiki Kaisha (NYK) have signed a memorandum of understanding (MoU) on July 2, 2024, aimed at advancing maritime decarbonisation, digitalisation, and manpower development.
Under the MoU, MPA and NYK will collaborate on promoting the use of sustainable maritime fuels such as biofuels, methanol, and ammonia, starting with pilot projects and progressing towards broader adoption. They also plan to develop training programs for seafarers focused on operating ammonia-fuelled vessels and other skills crucial for sustainability.
MPA looks forward to our partnership with NYK to unlock our collective potential and develop solutions that can be scaled up to benefit the global maritime community in the move towards smart and sustainable shipping.
… said Teo Eng Dih, Chief Executive of MPA
MPA sees this agreement as pivotal for Singapore’s role as a major maritime hub, enhancing its capabilities in alternative fuel adoption and workforce readiness. NYK, recognizing Singapore’s leadership in maritime logistics, aims to leverage this partnership to accelerate their efforts in decarbonisation and digital transformation within the industry.
Both parties are optimistic that this collaboration will not only benefit their respective operations but also contribute significantly to the global maritime community’s transition towards smarter, more sustainable shipping practices.
Singapore plays a significant role in the maritime industry as the world’s largest hub port for trans-shipment and bunkering. We are delighted to conclude this MoU with MPA as we share the same goals. This MoU will accelerate cooperation between MPA and NYK and contribute to the sustainable development of maritime industry.
… commented Takaya Soga, President and Chief Executive Officer of NYK
