PSA singapore and PIL expand collaboration on sustainability solutions to decarbonise global supply chain.
In a collective journey towards achieving net zero greenhouse gas (GHG) emissions, PSA Singapore and Pacific International Lines (PIL) have signed a Memorandum of Understanding (MOU) to jointly develop sustainable solutions to cut carbon emissions and optimise maritime efficiency.
The collaboration between the two long-time partners includes the development of a set of low carbon emission routes for containers shipped by PIL between PSA Singapore and other connecting ports and terminal services.
Beyond the MOU, both partners are also cooperating in GHG emissions reduction levers such as the use of reclaimed refrigerant and the adoption of PSA Singapore’s OptEVoyage, a digital solution for vessels to arrive at the port just in time to achieve bunker savings and carbon emissions reduction.
PSA Singapore has extensive know-how and experience in container port operations and managing cargo flows, and PIL is the largest Singapore-grown carrier in Southeast Asia with strong networks in Asia, Africa, Middle East, Latin America, and Oceania. The two leaders in their respective fields, with a common goal to achieve net zero emissions by 2050, will leverage each other’s expertise, resources, and innovation to work towards developing low carbon pathways.
Mr Nelson Quek, PSA International’s Regional CEO Southeast Asia said:
Given the ever-increasing global challenges stemming from climate change, it is imperative that we take proactive steps to reduce carbon emissions throughout the shipping industry.
“This will require the collective efforts of all players in the maritime supply chain sector. PSA is pleased to partner PIL as we take the bold and essential step towards decarbonising the global supply chains that power our economy. We remain committed to working hand-in-hand with like-minded stakeholders as we spur concerted action towards our transition to a cleaner and sustainable future beyond the areas served by our ports.”
PSA Singapore and PIL Expand Collaboration on Sustainability Solutions to Decarbonise Global Supply Chain, November 2, 2023