Minister of Transport, S Iswaran announced that Singapore will join the Clydebank Declaration for Green Shipping Corridors, together with 22 signatory states.
Singapore has been a strong supporter of IMO-led initiatives such as the NextGEN web portal, with Minister Iswaran giving emphasis on the role of the industry in decarbonisation:
Efforts at the company level are just as important as government-led efforts. Singapore welcomes such industry-led collaborations to leverage our maritime hub ecosystem to pilot and deploy green solutions
Singapore also launched the Sea Transport Industry Transformation Map (ITM) 2025, which aims to grow the sector’s value-add by $2 billion, or an average rate of 2-3% annually, between 2020 and 2025.
Furthermore, the Singapore Ministry of Transport (MOT) and Maritime and Port Authority of Singapore (MPA) established a Maritime International Advisory Panel (IAP) to seek global perspectives on key trends that will shape the maritime industry.
The Maritime IAP will discuss how the maritime sector and adjacent industries can collaborate to enhance the resilience and connectivity of the global maritime industry and supply chains, and how Maritime Singapore can play a role in this.
