• 2025.10.22 (Wed)
  • All articles
  • LOGIN
  • JOIN
Global Economic Times
APEC2025KOREA가이드북
  • Synthesis
  • World
  • Business
  • Industry
  • ICT
  • Distribution Economy
  • Korean Wave News
  • Opinion
  • Arts&Culture
  • Sports
  • People & Life
  • Lee Yeon-sil Column
  • Ko Yong-chul Column
  • Photo News
  • New Book Guide
  • Cherry Garden Story
MENU
 
Home > Industry

Singapore-India Collaborate to Establish Green and Digital Shipping Corridor: A Significant Step Towards Maritime Sustainability and Innovation 

Yim Kwangsoo Correspondent / Updated : 2025-03-28 09:22:33
  • -
  • +
  • Print

Singapore and India have taken a significant step towards fostering environmentally friendly and innovative maritime practices by signing a Letter of Intent (LOI) for cooperation in the digitalization and decarbonization of maritime transport. This collaboration took place during Singapore Maritime Week 2025.

The core objective of this partnership is to establish the 'Singapore-India Green and Digital Shipping Corridor (GDSC)' to accelerate the development and adoption of zero-emission technologies and digital solutions within the maritime sector.

On March 25th, Teo Eng Dih, Chief Executive of the Maritime and Port Authority of Singapore (MPA), and R. Lakshmanan, Joint Secretary of the Ministry of Ports, Shipping and Waterways (MOPSW) of India, signed the LOI. The signing ceremony was graced by Amy Khor, Senior Minister of State for Sustainability and the Environment and Transport of Singapore, and Sarbananda Sonowal, Minister of Ports, Shipping and Waterways of India.

Key Areas of Cooperation and Expected Effects

Under this agreement, both countries will collaborate on projects for the digitalization and decarbonization of maritime transport, identify key stakeholders, and work towards formalizing the partnership through the signing of a Memorandum of Understanding (MOU). This partnership aims to leverage the strengths of both nations to innovate the maritime industry and ensure a future where sustainability and digital transformation go hand in hand.

In particular, India, a leader in information technology, has significant potential to grow as a major producer and exporter of green maritime fuels. On the other hand, Singapore is a key global transshipment and bunkering hub with a dynamic research and innovation ecosystem.

The collaboration between the two countries provides a unique opportunity to share expertise, resources, and knowledge to create a cutting-edge shipping corridor that prioritizes sustainability and digital transformation.

The Singapore-India GDSC will focus on strengthening cooperation between the two countries to accelerate the development of zero or near-zero greenhouse gas (GHG) emission technologies and promote the adoption of digital solutions in the maritime industry. This partnership will not only benefit both countries but also contribute to global efforts to reduce the environmental impact of shipping and improve operational efficiency through technology.

Future Prospects

Both countries plan to sign an MOU and discuss specific cooperation plans in the near future. Various forms of collaboration are expected, including personnel exchanges, joint research and development, and the implementation of pilot projects. Through this cooperation, Singapore and India are expected to play a crucial role in leading the sustainability of the maritime industry and building an efficient maritime transport system utilizing digital technologies. Furthermore, the successful collaboration between the two countries can serve as a model for other nations, acting as a catalyst to accelerate the green and digital transition of the global shipping industry.

[Copyright (c) Global Economic Times. All Rights Reserved.]

  • #globaleconomictimes
  • #글로벌이코노믹타임즈
  • #한국
  • #중기청
  • #재외동포청
  • #외교부
  • #micorea
  • #mykorea
  • #newsk
  • #nammidonganews
  • #singaporenewsk
Yim Kwangsoo Correspondent
Yim Kwangsoo Correspondent

Popular articles

  • International Non-Judicial Body Puts the Brakes on Multinational Corporations Evading Environmental and Human Rights Responsibility

  • Landmark Fine for Deepfake Pornography in Australia Sets Strong Precedent

  • South Korea's Cultural Heritage Facing Extinction as Artisans Age

I like it
Share
  • Facebook
  • X
  • Kakaotalk
  • LINE
  • BAND
  • NAVER
  • https://globaleconomictimes.kr/article/1065572506012896 Copy URL copied.
Comments >

Comments 0

Weekly Hot Issue

  • LG Electronics Launches 'ThinQ ON' AI Home Hub to Lead Smart Home Market
  • Supersonic 'Hyperloop' Poised to Shrink South Korea, Cutting Seoul-Busan Trip to 20 Minutes
  • Traffic Congestion Levy Stifles Support for Small Businesses
  • S. Korea Ramps Up Cybersecurity with Sweeping Measures
  • Gmarket Challenges E-Commerce Leaders Coupang and Naver with 700 Billion Won Investment and Alibaba Synergy
  • Arc Flash Horror: Uncertified Adapter Blamed for Fiery Tesla Charging Explosion in Canada

Most Viewed

1
The Imminent Reality: Donald Trump's Unlikelihood for the Nobel Peace Prize as a Destroyer of International Order
2
Renewable Energy Covers 100% of Global Electricity Demand Growth in H1 2025, Marking a Turning Point in the Fossil Fuel Era
3
McDonald's 'Subtle Racism' Controversy: Korean American Denied Order After 70-Minute Wait
4
Early Winter Chill Grips South Korea as Seoraksan Sees First Snow
5
A Chemical Revolution, the Era of Metal-Organic Frameworks (MOFs) Begins: 2025 Nobel Prize in Chemistry
광고문의
임시1
임시3
임시2

Hot Issue

Chinese Researchers Unveil Ultra-Fast Analog Chip, Targeting 1,000x Nvidia Speed

Melody in the OR: Parkinson's Patient Plays Clarinet During Brain Surgery

South Korean Chip Titans Clash Over Next-Gen HBM4 Memory

South Korea to Launch Government-Led AI Certification to Combat Market Confusion

Let’s recycle the old blankets in Jeju Island’s closet instead of incinerating them.

Global Economic Times
korocamia@naver.com
CEO : LEE YEON-SIL
Publisher : KO YONG-CHUL
Registration number : Seoul, A55681
Registration Date : 2024-10-24
Youth Protection Manager: KO YONG-CHUL
Singapore Headquarters
5A Woodlands Road #11-34 The Tennery. S'677728
Korean Branch
Phone : +82(0)10 4724 5264
#304, 6 Nonhyeon-ro 111-gil, Gangnam-gu, Seoul
Copyright © Global Economic Times All Rights Reserved
  • 에이펙2025
  • APEC2025가이드북TV
  • 세종시
Search
Category
  • All articles
  • Synthesis
  • World
  • Business
  • Industry
  • ICT
  • Distribution Economy
  • Korean Wave News
  • Opinion
  • Arts&Culture
  • Sports
  • People & Life
  • Lee Yeon-sil Column
  • Ko Yong-chul Column
  • Photo News
  • New Book Guide
  • Cherry Garden Story
  • Multicultural News
  • Jobs & Workers
  • APEC 2025 KOREA GUIDE