What's Happening?
Pacific International Lines (PIL) and PSA International, with support from DNV, have launched Singapore's first joint land-sea green value-added service for cargo transhipped through the Port of Singapore. This service allows shippers and cargo owners
to achieve verifiable emissions reductions by using lower-carbon fuels across various transportation modes. The initiative is part of a Memorandum of Understanding signed in March 2025 to advance carbon emissions measurement and reporting in the maritime sector. Trials for the service are set to begin in May. PIL's Chief Commercial Officer, Lionel Patrice Chatelet, emphasized the importance of carbon insetting to reduce emissions within the company's operations, while DNV's Executive Director, Mikkel Skou, highlighted the role of a trusted data ecosystem in delivering measurable emissions reductions.
Why It's Important?
The launch of this green shipping service represents a significant step towards decarbonizing the maritime industry, which is a major contributor to global greenhouse gas emissions. By providing a verifiable method for reducing emissions, the initiative supports the industry's transition to more sustainable practices. This service not only helps companies meet their climate targets but also offers customers access to lower-carbon shipping solutions. The collaboration between PIL, PSA, and DNV demonstrates the potential for industry partnerships to drive meaningful environmental change and enhance transparency and trust in emissions reporting.
