⚓ UNCTAD & Singapore Partner to Drive Global Maritime Green Transition

UN Trade and Development (UNCTAD) and the Maritime and Port Authority of Singapore (MPA) have launched a strategic partnership to accelerate maritime decarbonisation and digitalization, targeting sustainable global trade. • Global Trade Impact: Ports handle over 80% of world trade volume but remain energy-intensive. The initiative focuses on transitioning from fossil fuels to cleaner energy while maintaining port efficiency. • Strategic Focus Areas: • Promotion of cleaner fuels and digital technologies across shipping networks. • Knowledge-sharing in sustainable finance, digital innovation, and workforce development. • Enhancing resilience against global supply chain disruptions. • Support for Developing Countries: The partnership will provide training, advisory services, and institutional strengthening to help developing nations—including hubs like Sri Lanka—modernize their maritime infrastructure and improve global connectivity. • Future Outlook: The collaboration will feed into the UN Global Supply Chain Forum 2026, focusing on scalable, inclusive solutions for the maritime sector. This is critical for nations reliant on logistics and transshipment to stay competitive in a greener global economy.