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MSC to collaborate with China on decarbonisation

MSC to collaborate with China on decarbonisation
The carrier is studying fuel options like hydrogen, ammonia, methanol and synthetic fuels

MSC and the China Waterborne Transport Research Institute, part of China’s transport ministry, have signed an agreement to jointly promote decarbonisation and sustainable development of the shipping industry.

This is the first time the Geneva-based company is partnering with a major institution in China to explore the technical pathway for decarbonisation.

The partners hope that the three-year Memorandum of Understanding (MoU) will leverage on their strengths to explore innovative ways to jointly cooperate on relevant research and activities,  and discuss progress to find the range of solutions that will make maritime transportation even more efficient while continuing to serve as the backbone of global trade.

Bud Darr, executive vice president maritime policy and government affairs, MSC Group, stated: “The path to decarbonisation will require strong partnerships with key stakeholders across various business sectors and government.

“Sustainability and focus on climate issues have been fast-rising up the agenda in China, and we are looking forward to closely collaborating with the China Waterborne Transport Research Institute to accelerate innovation and R&D we urgently need to reach a net-zero carbon future for shipping.”

Under the MoU framework, both organisations will establish a collaborative process dedicated to R&D, knowledge sharing and business collaboration.

A designated chairperson from each organisation will jointly lead the steering committee, with a working committee in charge of implementing the activities. Industrial experts will also be invited to conduct assessments on the results of the research studies.

A number of specific studies and projects are already lined up for the near future, including studies on the technical pathway and relevant policies for low-carbon development of the Chinese shipping industry, strategy and roadmap for the energy structure of shipping.

To complement the carrier’s investment in energy efficiency, it is studying a range of different future fuel options such as hydrogen, ammonia, methanol and synthetic fuels.