, Singapore
128 views
Logo from MPA

MPA, Shell partner for maritime decarbonisation efforts

Both companies will collaborate on advancing electric boats and developing low-and-zero-carbon fuels.

The Maritime and Port Authority of Singapore (MPA) and Shell Eastern Trading Pte Ltd signed a five-year memorandum of understanding (MoU), expanding their collaboration on the maritime decarbonisation efforts in Singapore.

As part of the MoU, the companies will work together and identify energy-related development opportunities to advance the adoption of the electric harbour craft, including collaborative efforts on charging infrastructure for these electric-powered boats.

They will also cooperate on the research and development of low-and-zero-carbon fuels and training of the crew that handles, operates, and maintains the vehicles that run on such fuels.

READ MORE: AI Singapore, Temus join hands to accelerate AI adoption amongst local firms

Teo Eng Din, MPA Chief Executive, said that the MoU is "an important step towards achieving our 2030 goal for all new harbour craft to be fully electric, be capable of using 100% biofuels or be compatible with net zero fuels, and achieving net zero emissions in our harbour craft, pleasure craft, and tugboat sectors by 2050.

Join Singapore Business Review community

Follow the link s for more news on

Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.