The Maritime and Port Authority of Singapore (MPA) and the International Energy Agency (IEA) have signed a Memorandum of Understanding (MoU) to deepen the partnership between the two organisations and accelerate maritime decarbonisation and digitalisation.
In particular, Singapore became an IEA Association Country in 2016. The MoU was signed by Teo Eng Dih, Chief Executive of MPA, and Dr Fatih Birol, Executive Director of IEA, and was announced at the Singapore Maritime Week 2024.
In line with the goals of the International Maritime Organization (IMO) and international energy and climate targets, the MPA and IEA will collaborate to advance the development and transition to zero and near-zero emission fuels, technologies that support maritime decarbonisation, as well as digital technologies that support sustainability solutions.
The MoU will also enable the sharing of best practices across maritime and energy industries, support the adoption and transition of zero and near-zero emission fuels by these industries through capacity building training programmes, and contribute to relevant fuel-related projects and initiatives such as the IMO-Singapore NextGEN and NEXTGen Connect Initiatives.
The IEA will benefit from MPA’s networks and expertise as input to its analysis on global and regional development of hydrogen and hydrogen derivatives, and in turn will support broader knowledge and experience sharing by facilitating staff on loan from the MPA to IEA.
Shipping is one of the hardest sectors to decarbonise and we need to spur development and deployment of new technologies to slow and then reverse the rise in its emissions. This will require strong collaboration at a national and international level.
…Tim Gould, Chief Energy Economist, IEA, said.
