The two giants of shipping MSC Group and Oldendorff Carriers join The Methanol Institute (MI), a global trade association focused on the future of fuel, reports Splash 247.
New members to MI
The Methanol Institute (MI), a global trade association focused on the future of fuel, has welcomed another two giants of shipping, MSC Group and Oldendorff Carriers, as its newest members.
GHG emissions and carbon intensity
MSC and Oldendorff join a growing roster of shipping companies actively exploring the use of methanol as a marine fuel in preparation for an environment in which GHG emissions and carbon intensity will be subject to tighter regulatory control.
“MSC is actively exploring and trialling a range of alternative fuels and technologies on top of some significant energy efficiency improvements across its fleet and considers methanol to be one of the key long-term solutions available,” said Bud Darr, executive vice president at the Geneva-headquartered line.
Strategic partnership
“In addition to exploring strategic partnerships with technology and energy providers, MSC contributes to the work of initiatives that are designed to facilitate cross-sector information sharing.”
MSC MoU with Shell
In related news, MSC signed a memorandum of understanding last week with energy major Shell to press ahead with shipping decarbonisation plans.
For more information read our article Shell & MSC Inks Long-term MoU To Accelerate Decarbonisation
Scott Bergeron, director of business development and strategy at Oldendorff Carriers, commented: “Oldendorff has been actively exploring the potential of various emerging renewable energy solutions as well as initiating the development and application of green technologies across the fleet, Today over 95% of the owned fleet and most of the chartered vessels are eco-type vessels; this is a testament to our commitment to reducing the environmental impact of our operations and supporting the maritime industry along the pathway towards decarbonisation.”
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Source: Splash 247
