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
Lamborghini-driving boss of Eminent Frog Porridge charged with S$3.8 million tax evasion, money laundering
Not in education, employment or training: Why more Hong Kong youths are opting out of work
With AI, it’s not about coding better; workers need to think better: Koh Boon Hwee
Malaysian tycoon Vincent Tan’s sell-downs point to pruning rather than an exit plan