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![Hapag to fund studies on maritime decarbonisation](https://fortunetelleroracle.com/public/upload/media/posts/2022-03/21/hapag-to-fund-studies-on-maritime-decarbonisation_1647848437-b.jpg)
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.