Singapore to set up S$120m maritime decarbonisation centre
Singapore
THE Maritime and Port Authority of Singapore (MPA) on Wednesday said it will establish a S$120 million fund for a maritime decarbonisation centre to be set up in Singapore, supported by funding from industry partners.
MPA has signed a memorandum of cooperation with BW Group, Sembcorp Marine, Eastern Pacific Shipping, Ocean Network Express, Foundation Det Norske Veritas and BHP.
TRENDING NOW
SpaceX surge further boosts Saudi billionaire prince’s fortune
Private equity giant Carlyle can grow bigger but needs to stay on its toes: co-founder David Rubenstein
Abandoned ‘Titanic’, failing ‘ancient towns’: Why China’s tourism boom leaves white elephants behind
Strong US dollar and tariff threats ignite broad Asian currency sell-off