Photo from Hanson Lu on Unsplash

Transition to zero and near-zero-emission fuels could create 700 jobs

This shift will also bring health and economic benefits.

The report revealed that the transition to zero and near-zero-emission fuels could create about 700 new job opportunities in the fuels’ production and supply chain by 2030, according to a study by The Maritime and Port Authority of Singapore (MPA), Port of Los Angeles, and Port of Long Beach

The study also forecasted health improvements for local communities and economic benefits for participating countries.

Meanwhile, it estimated the projected annual energy demand of vessels on the corridor at approximately 60,000 terajoules (TJ), equivalent to around two months of Singapore’s national electricity generation. 

ALSO READ: Singapore's maritime cluster navigates towards digital, green future

In addition, the annual shipping demand on the corridor is expected to be around 850,000 tons of methanol and 160,000 tons of ammonia by 2030.

This estimated shipping demand displaces the equivalent GHG emissions from almost 320,000 cars annually. 



Join Singapore Business Review community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!


ION Orchard marks 15 years as a premier retail destination
The mall is proactive in conducting surveys to identify trends and optimise its tenant mix.
ION Orchard leads charge in sustainable takeaway practices
 Shoppers will enjoy discounts when they opt for a reusable mug or food container from Muuse.