LNG a key to cutting ship emissions: industry players
But the MPA says the clean-burning fossil fuel is not the only refuelling option for ships here
Singapore
IN nudging the maritime industry towards using greener marine fuels, Singapore has always preferred the carrot to the stick.
Instead of unilaterally regulating emission controls, the Maritime and Port Authority of Singapore (MPA) has offered a menu of incentives that encourage maritime players to use fuels that produce less harmful ship emissions, Alan Lim, deputy director of MPA's port services division, told The Business Times.
This is so that the maritime industry in Singapore will be prepared for the imminent global cap on sulphur content in ship fuels to be enforced by the International Maritime Organization (IMO).
Liquefied natural gas (LNG) bunkering is a key part of the fut…
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Transport & Logistics
Ford profit beats on commercial sales; EVs still dragging
GM CEO Barra compensation fell 4% in 2023 to US$27.8 million
Boeing reports first revenue drop in 7 quarters as deliveries decline
Volkswagen to keep China market share stable as price war rages
COE quota for May-July up 2.7%; passenger car categories rise despite less cut-and-fill
Tesla profits tumble but shares rise on new vehicle plan