Singapore port operator subsidiary PSA Corporation is joining The Lloyd’s Register Maritime Decarbonisation Hub as a partner to The Silk Alliance which aims to develop green fuels for intra-Asia container trade.
PSA will become the 12th partner of the group seeking to provide a fleet-specific fuel transition strategy for container ships operating in Singapore and the wider Asia region, Lloyds Register (LR) said.
Current members of the alliance include owners MSC Shipmanagement, Pacific International Lines (PIL), Wan Hai Lines, X-Press Feeders and Yang Ming Marine Transport Corp plus shipyard Keppel Offshore & Marine
Bunker supplier Singfar International, engine manufacturer Wartsila, manager Wilhelmsen Ship Management and financial institutions, the Asian Development Bank and ING are also members.
PSA International is one of the world’s leading global port groups with a network across 42 countries and its inclusion will widen the range of maritime expertise to establish a Green Corridor Cluster in Singapore, LR said.
LR decarbonisation programme manager Charles Haskell said ports are nexus points in the supply chain, providing an interface between cargo owners, shipowners and transport providers, freight forwarders, customs and other government authorities.
“Ports are therefore uniquely positioned to become catalysts for decarbonisation in a multitude of sectors,” he said.
Ong Kim Pong, regional chief executive of Southeast Asia, PSA International, said the group is committed to the green and sustainable global movement of goods.
“The Silk Alliance was motivated by the partners’ shared belief that the maritime industry needs to strengthen leadership and foster collaboration that can demonstrate tangible actions in the deployment of zero-carbon fuels and vessels at scale.”
