Singapore-Australia green shipping corridor by 2025
The Australian government and the Maritime and Port Authority of Singapore (MPA) will collaborate to develop low-and zero-emission fuel supply chains along shipping routes between the two countries.
PHOTO: Cargo terminal at Port of Singapore. Getty Images
MPA says the green corridor agreement is aligned with the green marine fuel supply deal, reached between Australia and Singapore in October last year.
However, the two countries have not yet specified which alternative fuels they will focus on by 2025.
The Port of Singapore is expected to begin methanol bunkering this year. It has also announced that it would start bunkering ammonia in the near future, but has not indicated the timeline.
The MPA is also collaborating with the Port of Rotterdam to establish the world's longest green corridor by 2027.
Australia’s competitive edge in e-fuel production
Meanwhile, a recent study by Maersk McKinney Moller Center for Zero Carbon Shipping (MMMCZCS) revealed that Australia has the greatest potential to produce clean e-fuels for the marine industry.
Accordint to the study, government incentives for renewable energy projects and presence of abundant natural resources are the key reasons for this. The existing grid infrastructure in Australia also makes scaling renewable energy production easier since it allows renewable energy to be easily integrated into existing grids.
This argument has been supported by an increase in clean fuel production projects in Australia in recent years.
Spanish renewable energy firm Iberdrola and Australian hydrogen firm ABEL Energy plan to produce 200,000 mt/year of green methanol for use as marine fuel in Tasmania, and eventually increase that to 300,000 mt/year. Production is expected to begin in 2025.
Infrastructure company Keppel and Australian fertiliser producer Incitec Pivot will set up an 850,000 mt/year of green ammonia production plant at the Port of Gladstone in Queensland, Australia. Meanwhile, the duo has not yet specified whether any part of the green ammonia produced at the Gladstone facility will be used as marine fuel.
By Konica Bhatt
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