Container ship at sunset while being loaded and unloaded in a port.
The Âé¶¹´«Ã½'s Maritime Transport Research Group (MTRG) has taken a significant step towards maritime sustainability by conducting the UK's first long-distance pre-feasibility study on a Green Shipping Corridor between the UK, Singapore, and ASEAN countries through Singapore. The study, sponsored by the British High Commission in Singapore under the SGUK , marks a crucial advancement in the global effort to decarbonise maritime transport.
Green Shipping Corridors (GSCs), introduced in 2021 under the Clydebank Declaration, have quickly become a key strategy for accelerating maritime decarbonisation. The MTRG research team analysed the main container trade lane between Asia and Europe, revealing critical insights for the future of sustainable shipping.
A key finding of the study is the need for significant investment in the UK's alternate-fuel bunkering infrastructure, supported by regulatory changes and government policy shifts to lead GSC development. With over 60% of new container vessels being dual fuelled, this investment is crucial for maintaining the UK's competitive edge in global maritime trade.
The study proposes a Trade and Investment UK-Singapore Green Shipping Corridor (UKSGSC) to bolster the UK's position as a global financial and services hub alongside Singapore. This initiative is expected to enhance the UK's trade and investment prospects in the wider ASEAN markets.