Log in
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Dynamic quotes 

MarketScreener Homepage  >  Indexes  >  Swiss Exchange  >  SMI    SMI   CH0009980894


Delayed Quote. Delayed Swiss Exchange - 11/25 11:30:03 am
10488.27 PTS   -0.03%
09/23Singapore considers electric harbour boats to cut carbon emissions
09/14Will profit-taking on tech stocks continue?
04/03Weekly market update : America in the spotlight
SummaryMost relevantAll NewsNews of the index components

Singapore considers electric harbour boats to cut carbon emissions

09/23/2020 | 12:31am EST

Singapore is seeking proposals on the electrification of small vessels known as harbourcraft as the industry transitions towards a low-carbon future, the Maritime and Port Authority of Singapore (MPA) said in a joint statement on Wednesday.

The MPA is working with the Singapore Maritime Institute (SMI) to seek proposals from industry participants and institutes of higher learning or research institutes to develop commmercially ready fully electric harbourcraft.

They are also seeking proposals for shore charging infrastructure for electric harbourcraft and other electric vessels operating in Singapore's port.

Proposals with a viable business model to be scaled up will be more favourably considered, MPA and SMI said.

Harbourcrafts are small vessels typically fuelled by oil that only operate within Singapore waters and are used to carry a small number of passengers, for towing other vessels or to carry dry or packaged cargoes.

The International Maritime Organization (IMO) has a long-term goal to cut greenhouse gas emissions by 50% from 2008 levels by 2050. New IMO rules that came into effect this year only limit sulphur content in marine fuels.

"Green supply chain is the future of shipping and for Singapore to maintain its hub status, innovation must enable the transformation of the shipping industry through co-creation," said Sanjay Kuttan, SMI's executive director.

"To accelerate our decarbonisation efforts of the local harbour craft industry, we invite industry innovators to lead a consortium with our local researchers to deliver impact in our fight against climate change." 

(Reporting by Jessica Jaganathan; Editing by Christian Schmollinger)

© Reuters 2020
Stocks mentioned in the article
ChangeLast1st jan.
LONDON BRENT OIL 1.92% 48.84 Delayed Quote.-30.61%
SMI -0.03% 10488.27 Delayed Quote.-1.18%
WTI 2.24% 45.8 Delayed Quote.-29.68%
All news about SMI
09/23Singapore considers electric harbour boats to cut carbon emissions
09/14Will profit-taking on tech stocks continue?
04/03Weekly market update : America in the spotlight
03/18GLOBAL MARKETS LIVE: Boeing in trouble, L'Oréal remains positive
03/17SHANGHAI SMI HOLDING CO., LTD : annual earnings release
02/17Weekly market update : Equities are still in strong demand
2019Weekly market update : An equilibrium orchestrated by central banks
2019Weekly market update : Investors are looking for safe havens
2019GLOBAL MARKETS LIVE : Airbus, Nissan, Stanchart, Sony…
2019GLOBAL MARKETS LIVE : Santander, Kering, Nissan, UniCredit…
More news
News of the index components SMI
10:01aABB : and Nüvü to deliver exo-planet cameras for NASA future telescope
09:56aNOVARTIS : Genmab Announces Enapotamab Vedotin Update
08:01aNOVARTIS AG : Bryan Garnier maintains a Buy rating
07:58aABB LTD : HSBC reiterates its Neutral rating
07:26aNESTLE : Gets a Buy rating from JP Morgan
06:06aNOVARTIS AG : UBS reiterates its Buy rating
More news
Chart SMI
Duration : Period :
SMI Technical Analysis Chart | SMI | CH0009980894 | MarketScreener
Technical analysis trends SMI
Short TermMid-TermLong Term
Top / Flop SMI
SWISSCOM AG 480.5 Delayed Quote.1.37%
PARTNERS GROUP HOLDING AG 955.2 Delayed Quote.0.97%
NOVARTIS AG 80.98 Delayed Quote.0.88%
NESTLÉ S.A. 101.94 Delayed Quote.0.16%
ZURICH INSURANCE GROUP LTD 377.9 Delayed Quote.0.03%
CREDIT SUISSE GROUP AG 11.76 Delayed Quote.-0.76%
SWISS LIFE HOLDING AG 411.8 Delayed Quote.-1.01%
SWISS RE LTD 84.6 Delayed Quote.-1.12%
UBS GROUP AG 13.25 Delayed Quote.-1.12%
SIKA AG 225.7 Delayed Quote.-1.14%
Heatmap :