MSC becomes GCMD Impact Partner to help decarbonize shipping

As an Impact Partner, MSC will provide cash contribution towards GCMD’s pooled resources for pilots and trials. MSC will also make in-kind contributions through its participation in projects, including access to vessels, operational equipment, and other assets, as well as vessel operating data and evaluation reports so their learnings can help inform GCMD’s future trials.

The Global Centre for Maritime Decarbonisation (GCMD) was set up on 1 August 2021 as a non-profit organisation. GCMD’s strategic partners include the Maritime and Port Authority of Singapore (MPA), BHP, BW Group, Eastern Pacific Shipping, Foundation Det Norske Veritas, Ocean Network Express, Sembcorp Marine, bp and Hapag Lloyd. Beyond the strategic partners, GCMD has brought onboard 13 impact, coalition and knowledge partners that engage at the centre level, in addition to numerous other partners that engage at the projects level.

Green projects by the GCMD: 

• GCMD-led consortium completed two trials for biofuel bunkering: Last month they successfully completed the trial of two supply chains of biofuel blends sourced from different origins.
• Study on challenges of offloading shipboard captured CO₂ : Proposal to evaluate the safety, technical and operational requirements for offloading shipboard captured CO₂ during port calls.
• Global Centre for Maritime Decarbonisation (GCMD), the Oil and Gas Climate Initiative (OGCI) and Stena Bulk joint forces a two-year, three-phase project to demonstrate shipboard carbon capture at scale.
• Project to establish supply chain integrity of green marine fuels: The GCMD led a consortium of 18 industry partners in the launch of a drop-in biofuels pilot project with a combined cash and in-kind contribution of US$18M to establish an assurance framework for ensuring the supply chain integrity of current and future green marine fuels.
• Signed knowledge partnership with Global Maritime Forum to advance decarbonization of the shipping industry.

Decarbonizing shipping is the biggest challenge facing the maritime sector and one which can only be achieved by commitment, concrete action and investment by shipping companies, their customers, ports, energy suppliers and public sector actors.

We look forward to exchanging ideas, information and access to our substantial expertise and assets, to help accelerate progress towards the net zero future we all aspire to.

…said Bud Darr, Executive Vice President Maritime Policy & Government Affairs MSC Group,

Professor Lynn Loo, CEO of the Global Centre for Maritime Decarbonisation welcomed MSC onboard and stated shipping will need liners – who are closest to customers willing to pay a green premium – to make hard commitments for the industry to progress towards IMO’s 2030 and 2050 goals.