PSA International has signed a memorandum of understanding (MoU) with a coalition of five Singaporean and two Japanese companies to explore the potential of hydrogen as a low-carbon alternative for Singapore.
In a statement, the terminal operator said its patners were Jurong Port Pte Ltd (Jurong Port), City Gas Pte Ltd, Sembcorp Industries Ltd, Singapore LNG Corporation Pte Ltd, Chiyoda Corporation (Chiyoda) and Mitsubishi Corporation (Mitsubishi).
The parties will research and look to develop new technologies related to the importation, transportation and storage of hydrogen.
Working closely with Chiyoda, a key technology and supply chain solution partner, the companies will identify and demonstrate use cases using Chiyoda’s SPERA Hydrogen, Liquid Organic Hydrogen Carrier (LOHC) technology to allow hydrogen to be safely transported in chemical tankers at normal atmospheric temperature and pressure.
“We are delighted to be underlining PSA’s commitment to green initiatives with the signing of this MOU,” Ong Kim Pong, Regional CEO Southeast Asia, PSA International.
“Lowering carbon emissions to reduce the impact of climate change is a vital pillar of our business, and the direct impact of reducing our carbon footprint through this project is exciting.
“Powering our horizontal transport with hydrogen is just the beginning, and we will see its application expanding in the future, playing a part in our Smart Grid systems with EMA, and augmenting business adjacencies in our future Tuas Ecosystem.”
PSA International said it has been prompted by the very real challenge of climate change, and that the Singapore Government is engaging various stakeholders to co-create solutions for Singapore’s Energy Story.
The National Research Foundation (NRF) Singapore will also work with the Maritime and Port Authority of Singapore (MPA) to tackle the maritime decarbonisation challenge through research and technology development.