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Global Shipping & Trade
Asia

MOL signs comprehensive MoU with MPA of Singapore

by Kalpana Pandey
November 27, 2024
in Asia, News, Ports & Terminals
Reading Time: 2 mins read
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Mitsui O.S.K. Lines, Ltd. (MOL) President & CEO: Takeshi Hashimoto announced that it signed a comprehensive memorandum of understanding (MoU) with the Maritime and Port Authority of Singapore (MPA) to deepen cooperation in the fields of decarbonization, digitalisation, and human resources development. MOL and MPA have been cooperating in various initiatives to decarbonize the maritime industry; the new agreement will further promote these initiatives in a wide range of fields.

MPA Chief Executive Teo Eng Dih said: “This MoU reaffirms MPA and MOL’s longstanding collaboration. As a maritime hub port, supported by our innovation and research ecosystem, MPA is working closely with industry and tripartite partners to support digitalisation, cybersecurity, decarbonisation and manpower capabilities. We look forward to MOL’s expansion of activities, tapping on both our experience and expertise, to develop scalable solutions for the Singapore-Japan Green and Digital Shipping Corridor and the wider maritime community.”

MOL President & CEO Takeshi Hashimoto commented: “We have been focusing on the fields of decarbonization, digitalisation, and human resources development, which we have decided to deepen cooperation with MPA this time.

MPA is committed to working hard to create a sustainable maritime industry in Singapore, the hub of the maritime industry. We pay our respect to MPA for its enthusiasm and energy. The fields of bilateral cooperation are also a challenge for the maritime industry as a whole, and I hope we can increase the feasibility by working together as like-minded people.

We are confident that the establishment of this comprehensive cooperative relationship will contribute to the maritime industry in general.”

Tags: DecarbonisationMOLMPA singapore
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