Singapore's Maritime and Port Authority (MPA) sees port terminals in the city-state reducing emissions by at least 60pc by 2030 from 2005 levels in a blueprint targeting net zero emissions from shipping by 2050.
The Singapore maritime decarbonisation blueprint, launched earlier this week, lays out strategies and goals to be achieved by 2050 through measures such as using cleaner energy. It will also help Singapore meet the UN's 2030 Agenda for Sustainable Development, the Paris climate agreement goals and the International Maritime Organization's low-carbon maritime targets.
All domestic harbour craft will operate on low-carbon fuels by 2030, and full electric propulsion and net zero fuels by 2050. This will lead to a 15pc reduction in absolute emissions by 2030 from 2021 levels and a 50pc reduction by 2050 from 2030 levels, the MPA said.
The port of Singapore will also supply a variety of low- and zero-carbon fuels such as biofuels, methanol, ammonia, and potentially hydrogen, as well as enable green technologies such as carbon capture, storage, and utilisation, as Singapore readies itself for a "multi-fuel bunkering transition", the MPA said.
Ship owners will be incentivised to operate green ships, with a goal of 50pc of vessels in the Singapore Registry of Ships (SRS) to be classified as such by 2050. The SRS has a fleet of more than 4,400 vessels on its register.
Singapore aims to become a global hub for decarbonisation research and development, and will also promote green financing and strengthen its carbon accounting and reporting.
The MPA will commit at least an additional S$300mn ($221mn) to support the blueprint initiatives.
