The German container line is the seventh industry partner in GCMD, which was founded last August with commitments from six industry players as well as the Maritime & Port Authority of Singapore (MPA).
As with previous industry partners Hapag-Lloyd will be injecting SGD10m ($7.4m) in funding boosting the centre’s ability to conduct pilots and trials.
Hapag-Lloyd CEO Rolf Habben Jansen will also be joining GCMD’s governing board.
"Through our strategic partnership with the Global Centre for Decarbonisation (GCMD), we will combine our efforts towards climate-neutral shipping. I am very honored to be welcomed to the board of the GCMD," he said.
Hapag-Lloyd is the second container line to become partner of GCMD following its alliance partner Ocean Network Express. Combined the two lines operate 13% of global container shipping capacity.
Prof Lynn Loo, CEO of GCMD commented: “Hapag-Lloyd is a forward-leaning organisation and has a strong presence in the container shipping business. With strong commitment and ambition, the participation of Hapag-Lloyd as a strategic partner will allow both organisations to share knowledge, build on existing initiatives and provide additional resources for pilots and trials.”
The five other industry partners in GCMD are: BHP, BW, DNV Foundation, Eastern Pacific Shipping, and Sembcorp Marine.
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