Global platform for exchange of ideas to be set up for shipping industry to reduce carbon footprint

SINGAPORE - Leveraging on its role as a maritime centre, Singapore is working with the International Maritime Organisation - the United Nation's agency for shipping - to bring countries, companies and academics together in a collaborative effort to reduce carbon emissions in the industry.

Said chief executive of the Maritime and Port Authority of Singapore Quah Ley Hoon:"We have less than a decade for us to get our act together, but there are some good initiatives around. We need these to snowball. The IMO wants to reduce annual greenhouse gas emissions from shipping by at least half by 2050, from 2008 levels.

Minister of Transport Ong Ye Kung, in his opening remarks, pointed out that Singapore can be a useful reference for the rest of the global community. It will have a fleet of full-electric automated guided vehicles instead, and will also give vessels that use cleaner fuels concessions in port dues.

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