Keppel AM Green and SMOU join forces for decarbonisation

13 Dec 2023 CW Team

Keppel AM Green, the asset management arm of Keppel Corporation, has signed a Memorandum of Understanding (MOU) with the Singapore Maritime Officers' Union (SMOU) to collaborate on the development of sustainable fuels. This strategic partnership aims to drive decarbonisation efforts in both Southeast Asia and the Middle East, addressing the growing need for cleaner energy solutions in the maritime industry.

The MOU signifies a commitment to exploring and promoting the use of sustainable fuels as a means to reduce carbon emissions in the shipping sector. The collaboration brings together Keppel AM Green's expertise in sustainable investments and the maritime industry insights of SMOU. The focus is on researching, developing, and implementing viable sustainable fuel solutions that align with global efforts to combat climate change.

The partnership recognises the urgent need for sustainable practices in the maritime domain, given the industry's significant contribution to greenhouse gas emissions. By combining forces, Keppel AM Green and SMOU aim to play a pivotal role in advancing the adoption of eco-friendly fuels, contributing to the overall decarbonisation goals of the regions involved. The collaboration highlights the importance of industry partnerships in driving positive environmental change and fostering a more sustainable future for the shipping industry in Southeast Asia and the Middle East.

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