Singapore and Brazil to establish green and digital shipping corridor

The shipping corridor will pair Singapore's bunkering strength with Brazil's renewable energy resources.

Singapore and Brazil have inked a deal that will establish their green and digital shipping corridor.

In a statement, the Maritime and Port Authority of Singapore (MPA) said the two markets signed the memorandum of understanding to establish the Singapore-Brazil Green and Digital Shipping Corridor (GDSC). 

The partnership will strengthen cooperation between Singapore and Brazil on maritime decarbonisation and digitalisation, and support more sustainable and efficient international shipping.

The GDSC will bring together Brazil's renewable energy resources and production capabilities with Singapore's position as the world's largest bunkering port and a leading global hub with a vibrant innovation ecosystem.

“Singapore and Brazil will also explore digital information exchanges to improve maritime and port operations. The two countries will work with industry to advance the research, development and adoption of emerging maritime technologies and solutions,” MPA said.