Maritime Singapore Green Initiative Presentation at APEC 2 nd Carbon - - PowerPoint PPT Presentation

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Maritime Singapore Green Initiative Presentation at APEC 2 nd Carbon - - PowerPoint PPT Presentation

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Maritime Singapore Green Initiative Presentation at APEC 2 nd Carbon Footprint Presentation at APEC 2 Carbon Footprint Workshop Shen Wanling Manager, Registry Department 20 May 2014 Introduction 2 Economic growth vs. Environmental

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Maritime Singapore Green Initiative

Presentation at APEC 2nd Carbon Footprint Presentation at APEC 2 Carbon Footprint Workshop Shen Wanling Manager, Registry Department 20 May 2014

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Introduction

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Economic growth vs. Environmental protection

  • Drive towards greener shipping
  • Measures developed and implemented through IMO

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Going beyond Mandatory Requirements

  • Facilitating green thinking
  • Adopting green technologies

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The Maritime Singapore Green Initiative seeks to reduce the environmental impact of shipping and related activities and to promote clean and green shipping. Up to $100 million over 5 years.

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Green Ship Programme Green Port Programme Green Technology Programme

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Green Ship Programme

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Green Ship Programme

Target

  • Singapore-flagged ships

How to qualify?

  • Ships adopting energy efficient designs exceeding IMO’s Energy Efficiency

Design Index (EEDI)

  • Ships with approved SOx scrubbers installed which enable ship to meet

next stage of MARPOL Annex VI sulphur limit

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Reduction Factors (in %) for EEDI Phase 0 1 Jan 2013 – 31 Dec 2014 Phase 1 1 Jan 2015 – 31 Dec 2019 Phase 2 1 Jan 2020 – 31 Dec 2024 Phase 3 1 Jan 2025 and onwards IMO mandatory requirements 10 20 30

Example: 20,000 DWT Bulk Carrier with 10% EEDI reduction

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For example, Singapore-registered 20,000-DWT Bulk Carrier with 10% EEDI reduction Singapore- registered Bulk Carrier with 10% reduction Green Ship until 31 Dec 2014 Not able to enjoy Green Ship incentives, as the ship’s energy efficiency did not exceed IMO mandatory requirements.

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General requirements of sulphur limit (%) in fuel Current 1 Jan 2020 onwards IMO mandatory requirements 3.50 0.50 For example, Singapore-registered ship with scrubber installed enabling ship to exceed current SOx limit requirement and meet next stage requirement

Example: Singapore-registered ship with scrubber installed

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Singapore-registered ship with scrubber technology enabling ship to emit fuel with sulphur content of 0.5%

  • r less

Green Ship until 31 Dec 2019 Not able to enjoy Green Ship incentives, as the ship did not exceed IMO mandatory requirements.

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Green Ship Programme

Incentives

  • “Green” Recognition
  • Green Ship certificates
  • “Green Ship of the Year” award

Criteria to meet Types of incentives and % reduction/rebate given Initial Registration Fee Annual Tonnage Tax Exceeding IMO’s EEDI

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Exceeding IMO’s EEDI requirements 50 % 20 % Installing SOx scrubbers * 25 % 20 % Exceeding IMO’s EEDI requirements and installing SOx scrubbers * 75 % 50 %

* Effective from 1st July 2013

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Green Port Programme

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Green Port Programme

Target

  • Ocean-going ships calling at Singapore

How to qualify?

  • Burn clean fuels (<1.00% sulphur content) within Port Limits
  • Use of approved abatement technology

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Extent that ship burns clean fuels or uses approved abatement technology % port dues rebate given Throughout entire port stay 15 %

Green Port Programme

Incentives

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Throughout entire port stay * Increased to 25 % Only while at berth * 15 %

* Effective from 1st July 2013

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Green Technology Programme

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Green Technology Programme

Target

  • Local maritime companies

How to qualify?

  • Projects on green technological solutions/systems
  • Verifiable emissions results
  • Not commonly deployed
  • System installation done in Singapore

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Qualifying projects Grant limit of projects Qualifying projects achieving reduction in S$ 2 million

Green Technology Programme

Incentives

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Qualifying projects achieving reduction in emission levels S$ 2 million Qualifying projects achieving more than

10% reduction in emission levels *

S$ 3 million

* Effective from 1st July 2013

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Industry Participation

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Industry Participation (as at 30 Apr 2014)

Green Ship Programme

  • 140 Singapore-registered ships
  • Tankers, container ships, bulk carriers, gas carriers and general cargo ships

Green Port Programme

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  • 2,279 vessel calls (as of 31 Mar 2014)

Green Technology Programme

  • 16 successful applications
  • 3 applications under evaluation
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Green Pledge

Commitment by companies

  • Total 60 signatories
  • Inaugural Maritime Singapore Green Pledge in April 2011
  • 2nd Green Pledge in January 2012
  • 3rd Green Pledge in October 2012
  • 4th Green Pledge in December 2013

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“As a responsible member

  • f the international

maritime community, we pledge to support and promote clean and green shipping in Singapore. We call upon the maritime

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We call upon the maritime community to join us in protecting and safeguarding our

  • environment. ”
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Conclusion

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Integrated approach

To promote Green efforts

  • Provide pro-business environment
  • Create spin-offs for R&D and equipment makers of green technologies
  • Promote Corporate Social Responsibility in the maritime industry
  • Profile Singapore’s Green Credentials

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