Newest Coalition Partner: MSC Hops On Board With SEA-LNG

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Credit: ConocoPhilips

Global container shipping leader, MSC, has joined the SEA-LNG coalition to support cross-industry collaboration and accelerate the use of net zero fuels at scale.

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MSC Mediterranean Shipping Company has invested in LNG-powered vessels across its sectors. In 2022, five new dual-fuel LNG container ships joined their fleet.

MSC is dedicated to a modern, sustainable fleet, replacing traditional vessels with dual-fuel ones in the near future. They’ve also introduced cruise ships like MSC World Europa and MSC Euribia, running on eco-friendly bio-LNG.

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

“We are committed to catalysing the development, accessibility, and uptake of net zero fuels and believe we have found another excellent partner to help continue to drive the industry in this direction. We look forward to working with SEA-LNG to further assess and collaborate on the exciting long-term prospects of bio-LNG, and particularly renewable synthetic LNG, as mainstream marine fuel molecules”.

“In alignment with our net zero commitments by 2050, we view fossil-based LNG as a fuel in transition, and fully expect bio and renewable synthetic LNG to be a key part of our longer-term multi-fuel strategy for deploying net zero fuels.”

MSC’s Drive for Net Zero

  • MSC is actively advancing sustainable options to steer closer to net-zero emissions.
  • The company recognizes the significance of cross-industry partnerships in scaling these solutions across maritime operations.
  • Future plans include adopting various fuels, focusing on those poised for large-scale availability within a few years.
  • MSC is engaged with initiatives like MAMII and SGMF, showcasing their commitment to innovation.

Peter Keller, Chairman of SEA-LNG, commented: “As one of the world’s leading shipping companies, MSC’s decision to work with our coalition of companies across the LNG value chain demonstrates its confidence in the LNG pathway as a viable solution for flexibly advancing shipping along its decarbonisation journey.”

Keller further emphasised the advantages of LNG, stating: “LNG is available at scale for deep sea shipping today. Existing LNG infrastructure can accommodate bio-LNG and renewable synthetic LNG as they become increasingly accessible, lowering investment barriers. Waiting is not an option; the LNG pathway offers immediate decarbonisation benefits and a route to net-zero shipping.”

“We are committed to catalysing the development, accessibility and uptake of net zero fuels and believe we have found another excellent partner to help continue to drive the industry in this direction,” said Bud Darr, Executive Vice President, Maritime Policy & Government Affairs MSC Group.

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Source: LNG Industry