PSA joins Silk Alliance

PSA Corporation has joined a maritime partnership dedicated to developing a green corridor for containers ships in Singapore and the wider Asia region.

Current members of ‘The Silk Alliance’ include MSC Shipmanagement, Pacific International Lines, Wan Hai Lines, X-Press Feeders, Yang Ming Marine Transport Corp., Keppel Offshore & Marine, Singfar International, Wärtsilä, Wilhelmsen Ship Management and the Asian Development Bank and ING.

PSA Group’s network encompasses 160 locations in 42 countries around the world. The group’s portfolio includes more than 60 deepsea, rail and inland terminals, as well as businesses in supply chain management, logistics, marine and digital services.

“Ports are nexus points in the maritime supply chain, providing the critical interface between importers, exporters, shipowners, logistics and transport providers, customs and other government authorities, and intermediaries such as freight forwarders,” said Charles Haskell, Lloyd’s Register’s Decarbonisation Programme Manager.

“Ports are therefore uniquely positioned to become catalysts for the decarbonisation in a multitude of sectors, ranging from maritime, energy, logistics and transport,” he added.

Over the next few months, the Silk Alliance will focus on implementing the outcomes of workshops to help transition intra-Asia shipping fleets to zero carbon fuels.

Source: Port Strategy