Spotlight: South east asia
61
LOW CARBON IS KEY South East Asian countries are putting sustainable solutions firmly in the spotlight
A
s countries seek to tackle the climate crisis, Singapore has announced plans to spend at least $300m to cut carbon emissions for shipping industry over the next 10 years. Transport minister S Iswaran announced the investment in March, which aims to meet the target of net zero emissions at all port terminals by 2050. Investment will also be made to ensure that Singapore is ready for a multi-fuel approach, including new generation fuels including ammonia, hydrogen, biofuels and methanol. The push will be on to ensure that Singapore-flagged ships implement measures to reduce carbon emissions – there are about 4,000 ships flagged in Singapore. The Maritime Singapore Decarbonisation Blueprint: Working Towards 2050 charts ambitious and concrete long-term strategies to build a sustainable Maritime Singapore. Developed by the Maritime and Port Authority of Singapore (MPA) in consultation with industry partners, the Blueprint will contribute to Singapore’s commitments under the UN’s 2030 Sustainable Development Agenda, Paris Agreement and the Initial IMO
BULK TERMINALS
international | SPRING 2022
