Marine and offshore industry sets course for decarbonisation

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.