MSC Mediterranean Shipping Company (MSC) and Shell have agreed to work closely together to help accelerate the decarbonisation of shipping.
The long-term memorandum of understanding will help MSC and Shell to develop a range of safe, sustainable and competitive technologies that can reduce emissions from existing assets and help to enable a net-zero emissions future for shipping.
Bud Darr, EVP Maritime Policy and Government Affairs, MSC Group, said:
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
Shell and MSC have been collaborating during the last 10 years on projects, including bunkering biofuels and trialling very and ultra-low sulphur fuels.
More specifically, MSC and Shell technical and commercial teams will collaborate to develop and deploy net-zero solutions such as zero-emission fuels of the future and the technologies that will enable them, including fuel cells, with the ambition of contributing towards a zero-carbon flexi-fuel concept vessel. They will also work together on energy efficiency technologies, including digital services and platforms.
The partners will also explore options like hydrogen-derived fuels and the use of methanol as a marine fuel. Both companies each have been exploring the potential benefits of progressing from LNG to bio-LNG or synthetic variants.
The partners will also consider future pathways, including methane-slip abatement technologies that will further bring down LNG’s emissions.
