Australia’s national science agency CSIRO and the Maritime and Port Authority of Singapore (MPA) have issued a grant call for proposals for the Australia-Singapore Low-Emissions Technologies (ASLET) initiative.
As informed, under the initiative, the partners aim to accelerate towards a net-zero emissions future while delivering bilateral economic benefits. The ASLET is supported by the governments of Singapore and Australia.
The objectives of the ASLET grant opportunity are to provide funding to projects that will contribute to the reduction of the costs of using low-emission fuels and technologies, including clean hydrogen and its derivatives, and ammonia in maritime and port operations.
Furthermore, the goal is to improve the technical and commercial readiness of low-emission fuels and technologies in maritime and port operations, including industry awareness and acceptance. It also includes supporting industry investment in, and uptake of low emissions technologies in Australia and Singapore, as well as increased economic and employment opportunities.
This is to be achieved through developing technology and infrastructure at ports to accommodate the adoption of low-emissions fuels.
Company projects can be supported up to 30% (for non-SMEs) or up to 50% (for SMEs) of project grant from the MINT fund for qualifying items, according to MPA Singapore.
Through this contribution, Australia and Singapore want to achieve reduced emissions in both countries.
They are working towards national emissions reduction targets and global emissions reduction targets set by the International Maritime Organization (IMO) for shipping.
Applications for funding were opened on July 15, 2024. The proposals must be submitted no later than September 13, 2024.
Successful applicants will be notified in early 2025 and projects must be completed by June 30, 2027.
MPA Singapore recently joined forces with Japanese company NYK to accelerate maritime decarbonization, digitalization, and manpower development efforts, including the promotion of the safe use of marine fuels.