The Maritime and Port Authority of Singapore (MPA) has entered a memorandum of understanding (MoU) with the Port of Rotterdam Authority for the creation of a Green and Digital Corridor for sustainable shipping.
Under the MoU, the partners aim to establish the world’s longest Green and Digital Corridor, which will facilitate low and zero-carbon shipping.
The deal will help stakeholders across the supply chain work together to operate the first sustainable vessels on the route by 2027.
As part of the project, a broad coalition of shippers, fuel suppliers and other companies will develop potential fuel solutions for the shipping industry.
The MoU will also enable the creation of a digital trade lane to share relevant data, electronic documentation and standards, which will enhance maritime efficiency and safety.
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Furthermore, it will enable the transparent flow of goods and seamless movement of vessels and cargo, as well as improve the just-in-time arrival of vessels from port to port.
MPA and the Port of Rotterdam Authority will also coordinate with the Global Centre for Maritime Decarbonisation and the Mærsk Mc-Kinney Møller Center for Zero-Carbon Shipping as action partners.
With the participation of these partners, the Green and Digital Corridor project will be able to gather green financing as well as start joint bunkering pilots along with trials for digitalisation or the use of low and zero-carbon fuels along the route.
Singapore Transport Minister and Trade Relations Minister-in-Charge S Iswaran said: “This MoU with the Port of Rotterdam demonstrates how like-minded partners can work together to complement the efforts of the IMO.
“It will serve as a valuable platform to pilot ideas that can be scaled up for more sustainable international shipping.”