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MPA-NYK cooperation promotes the safe use of carbon-free fuels

MPA-NYK cooperation promotes the safe use of carbon-free fuels
MPA-NYK cooperation promotes the safe use of carbon-free fuels

The Maritime and Port Authority of Singapore (MPA) and Japanese shipping company NYK have joined forces to accelerate efforts to decarbonise the maritime economy, digitalise and develop human resources, including promoting the safe use of marine fuels.

Courtesy of NYK

Under the Memorandum of Understanding signed on 2 July, MPA and NYK agreed to deepen their partnership and cooperate on various initiatives to promote a sustainable maritime industry.

The cooperation includes promoting the safe use of marine fuels such as biofuels, methanol and ammonia with low or zero carbon content in a phased approach.

MPA and NYK will also discuss maritime training programs for seafarers on ammonia-fueled vessels and other sustainability skills and competencies to support the industry’s transition to alternative low- or zero-carbon fuels, including leadership programs for local professionals.

Teo Eng DihManaging Director of MPA, said: “This MoU is an important milestone in the long-standing partnership between MPA and NYK. As a major bunkering and maritime hub port, Singapore is in a phase of adopting alternative fuels and improving workforce development. MPA looks forward to our partnership with NYK to unlock our collective potential and develop solutions that are scalable and benefit the global maritime community in the transition to smart and sustainable shipping.”

The world’s busiest transshipment hub and largest bunkering port reported rising demand for greener fuels in 2023. Bunker sales in Singapore reached a record high of 51.8 million tonnes in 2023, surpassing the previous high. According to the MPA, alternative fuels accounted for 1.2% of sales.

Takaya SogaPresident and CEO of NYK, commented: “NYK is proactively working on decarbonisation initiatives, digitalisation and maritime human resource development to create a sustainable maritime industry. We have started business development in ammonia fuel, including bunkering projects, and support the Singapore government’s ammonia fuel initiative.

“Singapore plays a significant role in the shipping industry as the world’s largest transshipment and bunkering port. We are pleased to conclude this MoU with MPA as we share the same goals. This MoU will accelerate the cooperation between MPA and NYK and contribute to the sustainable development of the shipping industry.”

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