The Governments of Singapore and Australia have signed a memorandum of understanding (MoU) to establish the Singapore-Australia Green and Digital Shipping Corridor (GDSC). As per the MoU, both countries will work with the interested parties to develop near-zero, greenhouse-gas (GHG) emission fuel supply chains for their maritime industry.
Further, it will also include building the required infrastructure, formalising standards, and developing and implementing the training requirements. The countries will also explore facilitating digital information exchange to enable efficient port clearance, port calls and flow of vessels between the countries.
Additionally, the Maritime and Port Authority of Singapore (MPA), the federal, state and territory governments of Australia, and industry stakeholders are also expected to collaborate.