SINGAPORE is intensifying its decarbonisation efforts in the maritime sector
SINGAPORE is intensifying its decarbonisation efforts in the maritime sector, with the unveiling of a blueprint that sets out strategies and goals to be achieved by 2050 and at least an additional S$300 million to support these initiatives.
Unveiled by Minister for Transport S Iswaran at his ministry's Committee of Supply debate on Wednesday (Mar 9), the Maritime Singapore Decarbonisation Blueprint 2050 will focus on 7 key areas.
These are port terminals; domestic harbour craft; future marine fuels, bunkering standards and infrastructure; the Singapore Registry of Ships (SRS); efforts at the International Maritime Organization (IMO) and other international platforms; research & development and talent; and carbon awareness, carbon accounting and green financing.
Singapore's port terminals aim to lower their absolute emissions by at least 60 per cent compared to 2005 levels by 2030, then ultimately to net zero emissions by 2050, through adoption of cleaner energy, automation and digitalisation, according to the Maritime and Port Authority of Singapore.
Harbour craft numbering 1,600, including ferries and tug boats, will operate on low-carbon energy solutions by 2030 and full electric propulsion and net zero fuels by 2050. This will reduce absolute emissions by 15 per cent compared to 2021 levels by 2030; and then by 50 per cent from 2030 levels by 2050.
The city-state expects to be ready to transit to multi-fuel bunkering, offering low and zero-carbon marine fuels including biofuels, methanol, ammonia, and potentially hydrogen, as well as enabling green technologies such as carbon capture, storage and utilisation.
The Business Times — 10 Mar 2022