Norway and Singapore sign MoU with IMO on maritime decarbonisation

Norway and Singapore sign MoU with IMO on maritime decarbonisation

Offshore Energy — 2023-03-21

Maritime and Ports

A Memorandum of Understanding (MoU) has been signed by the International Maritime Organization (IMO), the Ministry of Climate and Environment of Norway, and the Maritime and Port Authority of Singapore (MPA), to collectively undertake technical cooperation activities to assist developing countries in their efforts to reduce emissions from ships and in ports.

As informed, the participants will work together to exchange experience, knowledge and best practice, and undertake joint resource mobilization with a view to cooperate on actions to reduce greenhouse gas (GHG) emissions from ships and the activities of ships in ports, within the frameworks of the NextGEN Connect initiative and the GreenVoyage2050 Project.

The IMO-Norway GreenVoyage2050 Project was established in 2019 May by the IMO, with funding from the Government of Norway to support developing countries, including small islands developing states (SIDS) and least developed Countries (LDCs), in their efforts to implement the initial IMO strategy on the reduction of GHG emissions from ships.

Further on, the NextGEN Connect initiative was established between the IMO and the MPA in 2022 April. The initiative aims to bring industry, academia and global research centres together, to offer inclusive solutions for maritime decarbonization for trials along shipping routes.

“IMO is pleased to combine the capabilities of the IMO-Norway GreenVoyage2050 project and the IMO- Singapore NextGEN Connect initiative to collectively implement green shipping activities, in particular those that can support development of low and zero-carbon fuels and related bunkering infrastructure,” Kitack Lim, Secretary-General of the IMO said.

“Joining forces through this cooperation will strengthen the support to decarbonizing the maritime sector in developing countries. We very much look forward to working together with Singapore in these supportive actions, as well as widening the cooperation with the IMO in their leading role to assist decarbonization of the maritime sector in developing countries,” Sveinung Oftedal, Chief Negotiator of the Norwegian Ministry of Climate and Environment, added.

“This MoU is an important partnership that brings together our projects with the mutual goal to test solutions along shipping routes. This will help reduce greenhouse gas emissions from shipping in an inclusive manner and with the support of like-minded States, aggregate demand along the supply chain,” Teo Eng Dih, Chief Executive of the MPA, highlighted.