Singapore, Korea sign MOU to launch green shipping corridor

Both countries will collaborate to support the transition to zero or near-zero greenhouse gas fuels.

Singapore and the Republic of Korea have signed a memorandum of understanding (MoU) to establish a Green and Digital Shipping Corridor (GDSC), aimed at accelerating maritime decarbonisation and enhancing supply chain efficiency.

The agreement was signed by Singapore’s Acting Minister for Transport Jeffrey Siow and Korea’s Minister of Oceans and Fisheries Chun Jae Soo.

The initiative will be implemented by Singapore’s Maritime and Port Authority (MPA) and Korea’s Ministry of Oceans and Fisheries.

Under the agreement, both countries will collaborate to support the transition to zero or near-zero greenhouse gas fuels, develop compatible bunkering infrastructure, and align technical standards for green shipping.

The scope of cooperation includes joint efforts to exchange technical knowledge, conduct trials in partnership with industry and research institutions, and provide joint training programmes.

The agreement also emphasizes accelerating digitalisation to improve real-time information exchange and boost operational efficiency in maritime transport.

The GDSC aims to reinforce both nations’ commitment to advancing clean maritime technologies whilst contributing to more sustainable and resilient global supply chains.

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