SG, Australia to put up green and digital shipping corridor by 2025

The two markets work with stakeholders to decarbonise and digitalise the sector.

Singapore and Australia underwent discussions for their plans to create a Singapore-Australia Green and Digital Shipping Corridor by the end of 2025.

In a joint statement, their respective governments said they are coordinating with "port operators, relevant jurisdictions, and maritime and energy value chain stakeholders on both sides to decarbonise and digitalise the shipping industry.

“This development aligns with the Green Shipping Cooperation initiative outlined in the Singapore-Australia Green Economy Agreement in October 2022 signed by Singapore’s Minister for Trade and Industry Gan Kim Yong, and Australia’s Minister for Trade and Tourism Don Farrell, and witnessed by the Prime Ministers from both sides,” read the statement.

DITRDCA and MPA seek initially to scope areas of mutual interest and collaboration to reduce carbon emissions in the maritime sector. 

Their plan includes low and zero-carbon fuel supply chains and greening port services and shipping operations to speed up the development and uptake of green marine fuel sources.  

Collaboration would also involve the identification of digital shipping solutions to facilitate efficient port call and flow of goods, and paperless handling between the ports of Australia and Singapore, all of which will ensure interoperability across the relevant systems.