Singapore and Brazil have signed a Memorandum of Understanding (MoU) to establish the Singapore-Brazil Green and Digital Shipping Corridor (GDSC).
The MoU was signed by Jeffrey Siow, Minister for Transport, Singapore, and Tomé Franca, Minister of Ports and Airports, Brazil.
The partnership will strengthen cooperation between the two countries on maritime decarbonisation and digitalisation, and support more sustainable and efficient international shipping.
Brazil holds significant renewable energy resources and production capabilities that could support the production of zero- and near-zero greenhouse gas emission marine fuels, while Singapore is the world’s largest bunkering port and a leading global hub port with an established innovation ecosystem.
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The GDSC is intended to bring these complementary strengths together to support the development of alternative marine fuel supply chains.
Under the MoU, Singapore and Brazil will also explore digital information exchanges to improve maritime and port operations, and will work with industry to advance the research, development and adoption of emerging maritime technologies and solutions.
