Low carbon fuel focus
The Maritime and Port Authority of Singapore is looking to accelerate maritime decarbonisation by focusing on low carbon fuels.
To this end, it has signed a Memorandum of Understanding (MOU) with CMA CGM to work towards zero and low-carbon marine fuels such as e-methanol, e-methane and biofuels for commercial shipping.
“We are happy to work with a like-minded partner like CMA CGM who shares our bold ambitions to make international shipping more sustainable and resilient, and who which also believes in taking pragmatic and concrete steps towards these aspirations,” said Quah Ley Hoon, chief executive, MPA.
”I am confident that this collaboration will contribute meaningful solutions to the industry’s needs, strengthen the local marinetech ecosystem, and also build the maritime workforce capability in Singapore.”
Energy diversification
CMA CGM is diversifying its energy mix, the group recently ordered another ten dual fuel LNG-powered vessels and six dual fuel methanol-powered vessels. Three of these LNG vessels, which will also be e-methane ready, will be registered under the Singapore flag.
The CMA CGM Group’s e-methane ready fleet currently counts 29 vessels in service and will have a total of 77 by 2026.
Another objective of the MoU, is to research green technologies, including carbon capture solutions.
Various collaboration opportunities will also be explored under the MoU to enhance digitalisation.
These include maritime cybersecurity and just-in-time shipping, by creating secure and seamless data exchanges for port and cargo documentation and reporting.
Under the MOU, CMA CGM will strengthen existing collaborations with MPA in attracting talent through maritime scholarships such as the Tripartite Maritime Scholarship. The CMA CGM Group and MPA will cooperate on new industry-wide initiatives to attract and empower the Singapore-based maritime workforce, tapping on the MPA Maritime Cluster Fund.