Singapore-based provider of marine fuel solutions Sing Fuels on Wednesday (8 February) announced the launch of its new Sustainability Desk and the appointment of Chief Sustainability and Innovation Officer, Mr Mahesh Kumar, a renowned advocate in Singapore’s sustainability space.
The sustainability desk will offer a range of services to help ship owners and operators reduce their environmental impact.
Mr Kumar, most recently led and grew EcoLabs Centre of Innovation for Energy at Nanyang Technological University as an innovation cluster focused on building and accelerating deep-tech energy innovation capabilities in Singapore to support the nation’s future energy transition.
He was also Programme Director at Energy Research Institute @ NTU championing translation of deeptech sustainable technologies from labs to markets. He is a board-level executive and innovator with a customer-focused approach, incorporating a deep knowledge of the start-up and innovation landscape. He has numerous years of experience in clean energy/sustainability technology translation across multiple industries and has facilitated innovation through multiple early and late-stage companies.
The appointment of the new Chief Sustainability and Innovation Officer demonstrates Sing Fuels’ commitment to sustainability and its efforts to support the maritime industry in meeting its environmental goals. The new executive will lead the development of new and innovative solutions to reduce the environmental impact of shipping.
“We are proud to launch our Sustainability Desk and appoint a Chief Sustainability and Innovation Officer, Mahesh brings a wealth of experience that will help transform our Industry,” said Vikash Dhanuka, CEO of Sing Fuels. “We believe that it is our responsibility to support our customers in reducing their environmental impact, and we are committed to developing innovative solutions that make this possible. Our carbon trading desk is just the first step in our journey towards a more sustainable future for the maritime industry.”
Sing Fuels’ Sustainability Desk will work with customers to understand their sustainability needs and provide them with customised solutions to meet those needs. Sustainability desk will focus on strong governance and compliance, carbon management services, establish alternative fuels trading desk, champion zero carbon fuels, emission reduction technologies, MRV technologies, carbon capture, and sustainable finance & technology investments to enable the energy transition. The Sustainability desk will also spearhead Industry’s efforts to bring more sustainable alternative energy sources into the shipping world in times to come.
Sing Fuels will further expand its growing portfolio of alternative-energy investments and initiatives as part of its sustainability efforts. The company continues to grow its partnership and investments in early-stage companies V-flow Tech, the premier Vanadium-based clean energy storage solutions in the world. Sing Fuels has engaged with V-Flow tech in a Proof-of-concept effort powering up multiple villages in Africa, where energy and its continued availability have been scarce.
“Our goal is to help the maritime industry reduce its environmental impact and make shipping more sustainable,” said Mahesh Kumar, Chief Sustainability and Innovation Officer of Sing Fuels. “We are excited to be at the forefront of this effort and look forward to working with our customers to achieve this goal.”
Photo credit: Sing Fuels
Published: 8 February, 2023
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