SINGAPORE MARITIME WEEK
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.