Singapore has taken a significant step towards reducing its environmental footprint by launching the world's first joint land-sea green value-added service for cargo transhipped through the Port of Singapore. This innovative service enables participating shippers and cargo owners to achieve verifiable emissions reductions through the allocation of carbon credits generated from the use of lower-carbon fuels across multiple modes of transportation within the logistics, shipping and port operations. The new service is a result of collaboration between Pacific International Lines (PIL), PSA International, and DNV.
The launch of this green shipping service marks a major milestone in Singapore's efforts to reduce its carbon emissions. By leveraging carbon insetting as a practical and impactful lever within their value chain, PIL is advancing maritime decarbonization and enabling customers to access lower-carbon shipping solutions. This approach not only accelerates progress toward climate targets but also promotes sustainable logistics practices.
Trials for this service are scheduled to commence later in May, providing an opportunity for shippers and cargo owners to experience the benefits of green shipping firsthand. The joint Memorandum of Understanding signed between PIL, PSA, and DNV in March 2025 sets a precedent for collaboration in carbon emissions measurement and reporting in the maritime sector.
The partnership between PIL, PSA, and DNV demonstrates a commitment to transparency and trust in carbon measurement and reporting. By standardizing data collection and sharing, the industry can move from ambition to measurable impact, driving real change in sustainable shipping practices.
PIL Chief Commercial Officer Lionel Patrice Chatelet emphasized the importance of this initiative, stating that it enables customers to access lower-carbon shipping solutions while accelerating progress toward climate targets. This approach promotes a culture of sustainability within the logistics and shipping industries.
Veracity by DNV Executive Director Mikkel Skou highlighted the significance of this joint initiative, noting that it delivers real value across the maritime value chain through standardized, verifiable data. By connecting shipowners, ports, and cargo stakeholders, emissions reductions can be measured, shared, and applied with confidence.
The launch of Singapore's first green shipping service sends a strong signal to the global shipping industry about the importance of sustainability and carbon reduction. As the world transitions to cleaner fuels and more efficient logistics practices, this initiative will play a crucial role in shaping the future of sustainable shipping.
s predict that this joint initiative will have far-reaching consequences for the maritime sector, driving greater transparency and trust in carbon measurement and reporting. By promoting sustainable logistics practices, PIL, PSA, and DNV are paving the way for a more environmentally friendly shipping industry.
The green shipping service launched by Singapore is a significant step towards reducing carbon emissions in the maritime sector. As the world continues to navigate the challenges of climate change, initiatives like this will be crucial in driving real change and promoting sustainable practices throughout the industry.
As the global shipping industry continues to evolve, it is essential that companies prioritize sustainability and carbon reduction. The launch of Singapore's first green shipping service demonstrates a commitment to these values and sets a precedent for collaboration and innovation in sustainable shipping practices.
s highlight the importance of transparency and trust in carbon measurement and reporting.
