The MOU signifies a commitment to exploring and promoting the use of sustainable fuels as a means to reduce carbon emissions in the shipping sector. The collaboration brings together Keppel AM Green's expertise in sustainable investments and the maritime industry insights of SMOU. The focus is on researching, developing, and implementing viable sustainable fuel solutions that align with global efforts to combat climate change.

The partnership recognises the urgent need for sustainable practices in the maritime domain, given the industry's significant contribution to greenhouse gas emissions. By combining forces, Keppel AM Green and SMOU aim to play a pivotal role in advancing the adoption of eco-friendly fuels, contributing to the overall decarbonisation goals of the regions involved. The collaboration highlights the importance of industry partnerships in driving positive environmental change and fostering a more sustainable future for the shipping industry in Southeast Asia and the Middle East.