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Marine and offshore industry sets course for decarbonisation

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Goh Ruoxue
Zhao Yifan

Goh Ruoxue &

Zhao Yifan

Published Wed, Sep 20, 2023 · 04:25 PM
    • EnterpriseSG estimates that more than 100 local marine and offshore engineering companies are participating in, or exploring, projects in maritime decarbonisation and offshore renewables.
    • Meds Venture chief executive officer Gary Gan (right) and chief operating officer Stanislav Borisov.
    • The interior of Strategic Marine's fast crew boat, Gen-4 One, used in the oil and gas industry.
    • EnterpriseSG estimates that more than 100 local marine and offshore engineering companies are participating in, or exploring, projects in maritime decarbonisation and offshore renewables. PHOTO: KUA CHEE SIONG, ST
    • Meds Venture chief executive officer Gary Gan (right) and chief operating officer Stanislav Borisov. PHOTO: CHERYL ONG, BT
    • The interior of Strategic Marine's fast crew boat, Gen-4 One, used in the oil and gas industry. PHOTO: GOH RUOXUE, BT

    FROM shipbuilders to fuel suppliers, Singapore’s maritime industry is charting a course towards a low-carbon economy, in line with the Republic’s international commitments.

    As a member of the International Maritime Organization, Singapore is aligned with the group’s goals of cutting carbon-dioxide emissions by 40 per cent by 2030 and achieving net-zero emissions by 2050.

    Local decarbonisation moves include a target for the harbour craft and pleasure craft sectors to achieve net-zero emissions by 2050, set by the Maritime and Port Authority of Singapore in March.

    Offshore & MarineSMEsSingapore SMEsMaritimeDecarbonisationNet zeroSpotlight

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