New Delhi: Singapore and India have signed a Letter of Intent (LOI) to cooperate on maritime digitalisation and decarbonisation, a statement said on Tuesday. “The LOl was inked by Mr Teo Eng Dih, Chief Executive of the Maritime and Port Authority of Singapore and Shri R. Lakshmanan, Joint Secretary of the Ministry of Ports. Shipping and Waterways ( (MOPSW) of India, and witnessed by Dri Amy Khor, Senior Minister of State, Ministry of Sustainability and the Environment and Ministry of Transport Singapore, and Shri Sarbananda Sonowal, Minister of Ports Shipping and Waterways of India,” the statement said.
Under the LOl, both sides will collaborate on maritime digitalisation and decarbonisation projects, including identifying relevant stakeholders who could contribute to the effort, and work towards formalising the partnership through a memorandum of understanding on a Singapore-India Green and Digital Shipping Corridor (GDSC).
“India is a leading player in information technology with the potential to become a major producer and exporter of green marine fuels. Singapore, as a key transshipment and bunkering hub, also supports a dynamic research and innovation ecosystem. The Singapore-India GDSC, when established, will enhance collaboration from both countries and help accelerate the development and uptake of zero or near-zero Greenhouse Gas (GHG) emission technologies and the adoption of digital solutions,” said the statement.