Singapore and the Republic of Korea ink agreement to establish Green and Digital Shipping Corridor

The Ministry of Transport of the Republic of Singapore and the Ministry of Oceans and Fisheries of the Republic of Korea (ROK) on Sunday signed a Memorandum of Understanding (MoU) to establish the Singapore-ROK Green and Digital Shipping Corridor (GDSC). 

Under the MoU, the Maritime and Port Authority of Singapore and the Ministry of Oceans and Fisheries will explore and implement initiatives to support the maritime sector’s transition to zero or near-zero greenhouse gas emission fuels. These include developing bunkering infrastructure, aligning technical standards, exchanging technical knowledge, conducting trials with industry and research partners, and providing joint training for maritime stakeholders. The MoU also aims to accelerate digitalisation to enhance information exchange and operational efficiency.

This collaboration reaffirms the strong commitment by Singapore and the ROK to accelerate the growth and deployment of clean maritime technologies, and to enhance efficiency and sustainability of global supply chains, highlighted a release.

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