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Hapag to fund studies on maritime decarbonisation
Hapag to fund studies on maritime decarbonisation
Signs deal with Singapore-based GCMD to cooperate on efforts for maritime decarbonisation.

Hapag to fund studies on maritime decarbonisation

German carrier Hapag-Lloyd signed a strategic partnership agreement with Singapore-based Global Centre for Maritime Decarbonisation (GCMD) to cooperate on efforts contributing to maritime decarbonisation.

"The Centre and Hapag-Lloyd will focus on collaboration to amplify the impact of the solutions and accelerate the time to deployment and adoption." an official statement from GCMD said.

The partnership also adds $10 million in funding, giving a further boost to GCMD's efforts in conducting pilots and trials, the statement added.