The Maritime and Port Authority of Singapore (MPA) and NYK Line have signed a memorandum of understanding (MoU) to accelerate maritime decarbonisation, digitalisation and manpower development efforts.
The MoU was signed on July 2 by Teo Eng Dih, chief executive, MPA, and Takaya Soga, president and group chief executive, NYK.
In line with the International Maritime Organization’s revised Greenhouse Gas Strategy 2023, the Paris Agreement and international energy and climate goals, MPA and NYK will collaborate on several initiatives to promote sustainable maritime industry.
The partnership will include promoting the safe use of maritime fuels such as biofuels, methanol and low- or zero-carbon ammonia through a phased approach.
