On March 5, 2024, Singapore and Australia signed a memorandum of understanding (MOU) to establish the Singapore-Australia Green and Digital Shipping Corridor (GDSC). This initiative aims to develop zero or near-zero greenhouse gas (GHG) emission fuel supply chains for the maritime industry, fostering a collaborative environment among government entities and industry stakeholders.

The partnership will facilitate digital information exchanges to streamline port clearance, optimize port calls, and improve vessel flow between the two nations. Transport Minister Chee Hong Tat of Singapore and Catherine King, Australia’s Minister for Infrastructure, Transport, Regional Development and Local Government, signed the MOU during the Singapore-Australia Annual Leaders’ Meeting in Melbourne.

Both countries recognize the potential of Australia as a key producer of green marine fuels and Singapore as a global leader in bunkering and transshipment. The agreement is expected to catalyze the adoption of GHG emission technologies and promote digital solutions that enhance the resilience, efficiency, and sustainability of maritime supply chains.

Additionally, the MOU underscores a shared commitment to developing scalable green and digital solutions for the maritime sector while upskilling the workforce to support the ongoing energy transition. The collaboration also includes research and development initiatives and pilot projects focusing on low-emissions technologies in maritime and port operations.