WITH MANY STAKEHOLDERS IN THE MARITIME INDUSTRY, WHAT CHALLENGES DO YOU FORESEE IN COMING UP WITH A HOLISTIC DECARBONISATION STRATEGY THAT IS FAIR TO ALL INDUSTRY PLAYERS?
Governments can choose between a purpose-driven industrial strategy and a laissez-faire approach. In times of growth, laissez-faire leaves markets to determine outcomes. In times of stress, a more proactive strategy can help to channel human and financial resources to solve the challenges we face.
How should one set the strategy and determine what to prioritise? First, we need to ask where the greatest needs at the global or national level are. Second, we need to consider what Singapore is good at, and how we can build on our capabilities.
In terms of needs, the COVID-19 pandemic has highlighted essential services such as food, health, energy, and the systems required to deliver them. Supporting the maritime supply chain ensures we get the resources we need, and that we remain relevant as a hub.
Climate change and decarbonisation issues are also gaining momentum, both as a global necessity and as an economic opportunity. The International Advisory Panel on Maritime Decarbonisation (IAP) is seeking ways to leverage Singapore’s strengths in this field. As a major maritime centre and the world’s leading bunker port, we can play a role in the development of new fuels and efficiency measures to help the industry meet its decarbonisation goals, while generating beneficial outcomes for Singapore.
ARE THERE PLANS TO MAKE SINGAPORE A REGIONAL/ GLOBAL HUB OF MARITIME DECARBONISATION?
Denne historien er fra SN47-utgaven av SG Nautilus.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent ? Logg på
Denne historien er fra SN47-utgaven av SG Nautilus.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
Decarbonisation Of Harbourcraft Industry: Call For Proposals
The Maritime and Port Authority of Singapore (MPA) and Singapore Maritime Institute (SMI) are jointly calling for proposals for the electrification of harbour craft by consortiums comprising industry players and institutes of higher learning as well as research institutes.
Reinventing Marine Surveys
PSA Aspen was the first Singapore-registered harbour tug to undergo a remote marine survey. Jon White explores how this new capability sets a template for future delivery
Towards Cleaner Greener & Shipping
From ship-to-ship liquefied natural gas bunkering to a sustainable digital port, Jon White discovers how Singapore envisages the next chapter of its maritime story
Making Digital Transformation Manageable
The Maritime Digitalisation Playbook was launched in June to support maritime companies in advancing their digital capabilities as the economy recovers. Jasmine Chung explores steps the industry can take to get future-ready
Study While You Work
A work-study programme can provide clarity in terms of career direction, as well as industry knowledge not found in textbooks. That is what Ms Chong Hui Xian has found with one such course by the Institute of Chartered Shipbrokers
Leading The Decarbonisation Charge
Mr Andreas Sohmen-Pao, Chairman of BW Group and Singapore Maritime Foundation, was recently appointed Co-Chairman of the International Advisory Panel on Maritime Decarbonisation. Chua Kim Beng speaks to him to understand the challenges of each role
Keeping Our Waterways Clear
Chua Kim Beng learns how Tian San Shipping is using digital technology to help keep Singapore waters and the vessels at its port spick and span
Singapore Observes Day Of The Seafarer
This year’s Day of the Seafarer, which falls on June 25, was particularly meaningful in the midst of the COVID-19 pandemic. Hence, paying tribute to seafarers became all the more important, as they contributed heavily towards maintaining the flow of goods.
Prepping A Future-Ready Fleet
Eastern Pacific Shipping’s emphasis on protecting the environment has received many accolades. Its Sales and Purchase Manager, Mr Dan Kwek, believes that their Environment, Social & Governance Policy will help the company meet future sustainability goals and global emissions standards
leading a swift response
As the COVID-19 pandemic rages on, Jon White reflects on the Maritime and Port Authority of Singapore’s leadership and contingency planning in its immediate response to the arrival of the virus
