Sponsored By

MSC and Shell in long term decarbonisation collaboration for shipping

Shipowner MSC and Shell International Petroleum Company have inked an agreement to collaborate on decarbonising shipping across a broad range of fuel types.

Marcus Hand, Editor

July 16, 2021

1 Min Read
Bud Darr from MSC speaking
MSC's executive vice president Bud DarrPhoto: MSC

The long-term Memorandum of Understand (MoU) builds on 10 years of working together including bunkering biofuels and trialling very and ultra-low sulphur fuels.

The two parties will explore a range of solutions ranging from the near term of exploring opportunities to use LNG in MSC’s fleet, and potential progressing to synthetic or bioLNG through to methanol and hydrogen derived fuels.

“This partnership with Shell is a great example of the type of commitment that is needed to catalyse low-carbon solutions for the shipping sector,” said Bud Darr, EVP Maritime Policy and Government Affairs, MSC Group.

“To reach that ultimate goal of complete decarbonisation, we must look at a set of solutions. We need significant advances in research and development and fuel development. MSC welcomes partnerships like this with Shell that are designed to facilitate cross-sector information sharing and prove how collaboration is key in defining the best pathway to a net-zero future.”

The two company’s technical teams will also explore fuel cells with the ambition of contributing towards a zero-carbon flexi-fuel concept vessel.

Melissa Williams, President, Shell Marine, said: “Shell wants to play a central role in the transition to net zero. Partnering with our customers to develop new technologies and fuels will help accelerate progress. Combining MSC’s experience as one of the world’s largest shipping companies with Shell’s expertise as a global energy supplier will help bring about effective solutions for this vital part of the world economy.”

Related:Shipping needs global strategy for carbon pricing

Read more about:

MSCShell

About the Author

Marcus Hand

Editor

Marcus Hand is the editor of Seatrade Maritime News and a dedicated maritime journalist with over two decades of experience covering the shipping industry in Asia.

Marcus is also an experienced industry commentator and has chaired many conferences and round tables. Before joining Seatrade at the beginning of 2010, Marcus worked for the shipping industry journal Lloyd's List for a decade and before that the Singapore Business Times covering shipping and aviation.

In November 2022, Marcus was announced as a member of the Board of Advisors to the Singapore Journal of Maritime Talent and Technology (SJMTT) to help bring together thought leadership around the key areas of talent and technology.

Marcus is the founder of the Seatrade Maritime Podcast that delivers commentary, opinions and conversations on shipping's most important topics.

Conferences & Webinars

Marcus Hand regularly moderates at international maritime events. Below you’ll find a list of selected past conferences and webinars.

Get the latest maritime news, analysis and more delivered to your inbox
Join 12,000+ members of the maritime community

You May Also Like