The Maritime and Port Authority of Singapore (MPA) and the International Renewable Energy Agency (IRENA) have signed a Memorandum of Understanding (MoU) to accelerate the energy transition in the global maritime and port sectors.
The MoU was officially signed on 22 October 2024, during the Singapore-IRENA High Level Forum during the Singapore International Energy Week by Teo Eng Dih, Chief Executive of MPA, and Francesco La Camera, Director-General of IRENA.
The agreement aims to bring MPA and IRENA’s expertise in renewable energy and marine innovation together to encourage knowledge sharing and best practices throughout the maritime and energy industries, with an emphasis on clean energy infrastructure and supply chains for zero and near-zero emission fuels.
Furthermore, MPA and IRENA will assist nations in their transition to and adoption of zero and near-zero emission fuels and technologies through capacity-building training programmes.
As part of this collaboration, MPA will assist the secondment of officers to IRENA.
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Teo Eng Dih, said: “By working closely with diverse stakeholder groups across the maritime value chain, the partnership aims to foster an inclusive approach to decarbonisation and support for digital solutions to upskill maritime professionals and help accelerate the sector’s transition to cleaner energy.”
Francesco La Camera, stated: “IRENA has recognised international shipping as a key sector in the global economy, but also one of the most challenging to decarbonise.
“I commend Singapore as the world’s busiest transshipment hub with high energy demand, for demonstrating leadership in galvanising actions to decarbonise its maritime and port industries.”
