Australia and SE Asia Collaborate on Maritime Decarbonisation

The Assistant Minister for Trade, Senator Tim Ayres, recently led the first Australia Southeast Asia Business Exchange mission to Singapore and Malaysia. Austrade organized a program that gave Australian delegates valuable insights into innovative practices and emerging opportunities in the maritime industry. Support from large corporates like Fortescue, BHP, Rio Tinto, and Toll Group provided access and insights that benefited the whole delegation. Highlights included a visit to Fortescue’s Green Pioneer ship in the Port of Singapore, which successfully trialed the use of liquid ammonia and diesel as a marine fuel.

Delegates also visited the Port of Tanjong Pelepas in Malaysia, one of the world’s top 15 major ports. Sixty senior executives from Singapore and Malaysia convened for roundtable sessions to discuss sustainable value chain development in line with the International Maritime Organisation’s decarbonization goals. Australian companies had the opportunity to showcase their green technologies and services for the maritime industry, including hydrogen and ammonia production, electrification, and containerization innovation.

The mission is part of the Australian Government’s Southeast Asia Business Exchange program aimed at increasing two-way trade and investment between Australia and Southeast Asia. The region’s expanding economy and growing middle class make it a top export destination for Australian businesses. Austrade and Australian companies are focused on developing business relationships with partners in Singapore and Malaysia to tap into the region’s advanced manufacturing and tech sectors and diversify their supply chains.

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