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Singapore MPA and Shandong sign MoU for new green digital shipping corridorSingapore MPA and Shandong sign MoU for new green digital shipping corridor

Deal aims to foster sustainable and technologically advanced maritime trade between Singapore and China’s Bohai and Yellow Sea regions.

Michele Labrut, Americas Correspondent

October 14, 2024

1 Min Read
Image: PSA

The Maritime and Port Authority of Singapore (MPA) and the Shandong Provincial Transport Department have signed an agreement to establish a new green and digital shipping corridor, aimed at fostering sustainable and technologically advanced maritime trade between Singapore and China’s Bohai and Yellow Sea regions.

The two parties signed a Memorandum of Understanding (MoU) during the 25th Singapore-Shandong Business Council meeting.

Singapore, the world’s biggest bunkering hub, and Shandong, which ports includes the busiest Qingdao Port, have said they will "leverage their collective strengths" to give sustainable maritime practices a push forward.

The Singapore-Shandong green and digital shipping corridor will reportedly build on the growing trade volumes between the regions and focus on adopting eco-friendly digital shipping solutions for ‘strengthening’ the growth of the maritime industry between Singapore and the Bohai and Yellow Sea.

The MoU sets the stage for collaboration between various stakeholders—maritime companies, port operators, shipyards, and research institutes—to promote the adoption of low-carbon technologies, facilitate port clearances through digital information sharing, share knowledge and ‘best practices’, as well as improve the handling of alternative fuels and shore power technologies.

Related:The world’s largest bunkering port to go digital from April 2025

‘Green corridor’ efforts have increased in recent years, with data from DNV showing over 50 such initiatives as of February 2024, up from 44 the year before.

As per Singapore MPA, This latest MoU marks the second green and digital shipping corridor between Singapore and China, following the Singapore-Tianjin GDSC signed in 2023.

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About the Author

Michele Labrut

Americas Correspondent

Michèle Labrut is a long-time Panama resident, a journalist and correspondent, and has continuously covered the maritime sector of Central & Latin America.

Michèle first came to Panama as a press attaché to the French Embassy and then returned to the isthmus as a foreign correspondent in the 1980s.

Author of Seatrade Maritime's annual Panama Maritime Review magazine and of several books, Michèle also wrote for Time magazine, The Miami Herald, NBC News and the Economist Intelligence Unit. She has also collaborated in making several documentaries for the BBC and European and U.S. television networks.

Michèle's profession necessitates a profound knowledge of the country, but her acumen is not from necessity alone, but a genuine passion for Panama.

In 2012 she was awarded the Order of Merit (Knight grade) by the French Government for her services to international journalism and in 2021 the upgrade to Chevalier grade.

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