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Home Maritime & Logistics News

Singapore, Shandong sign agreement to create Green and Digital Shipping Corridor

October 11, 2024
in Maritime & Logistics News
Singapore, Shandong sign agreement to create Green and Digital Shipping Corridor
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Maritime and Port Authority of Singapore (MPA) and China’s Shandong Provincial Transport Department signed a memorandum of understanding (MoU) on 9 October to establish the Singapore – Shandong Green and Digital Shipping Corridor (GDSC).

Teo Eng Dih, Chief Executive of MPA, and Gao Hongyan, Deputy Director of Shandong Provincial Transport Department, signed the MoU at the 25th Singapore – Shandong Business Council meeting held in Singapore.

The signing was witnessed by the co-chairmen of the Singapore – Shandong Business Council, Chee Hong Tat, Minister for Transport and Second Minister for Finance, and Zhou Naixiang, Governor of Shandong Provincial Government.

The Singapore – Shandong GDSC will tap the growing trade and shipping volumes between the two economic centres, supported by their strong research and innovation ecosystems, to drive the adoption of green and digital solutions and growth of the maritime industry between Singapore and the Bohai and Yellow Sea region.

Under the agreement, MPA and Shandong Provincial Transport Department will work with various stakeholders, including maritime administrations, port operators, maritime companies, institutes of higher learning, and shipyards, to promote digital and low-carbon shipping initiatives.

Focus areas include exploring collaboration in emerging technologies, training in safe handling of alternative fuels, knowledge sharing on shore power technologies, exchange of digital information to facilitate port clearances, and sharing of standards and best practices.

This MoU marks the second GDSC between Singapore and China following the Singapore – Tianjin GDSC established in 2023.

Tags: AndShandongSingaporeThe

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