MSC Mediterranean Shipping Company has joined SEA-LNG coalition to support cross-industry collaboration and accelerate the use of net zero fuels at scale. In recent years, the global container shipping company has made investments in LNG-powered vessels in the different sectors it operates within.
In 2022 MSC saw its first five newbuilding dual-fuel LNG capable container vessels in operation. MSC is committed to maintaining a modern fleet that will advance progress towards net zero decarbonization by replacing conventional fuel vessels with dual-fuel capable vessels in the short term, including those fueled by LNG. In the cruise sector, the company has launched MSC World Europa and MSC Euribia, whose maiden voyage was powered by bio-LNG.
“We are committed to catalyzing 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,” said Bud Darr, Executive Vice President, Maritime Policy & Government Affairs MSC Group.
“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,” he added.
MSC is actively exploring a range of alternative fuels and propulsion solutions that will help the business move even closer towards net zero, and sees cross-industry collaboration as crucial to scaling these solutions for the maritime industry. MSC expects to operate its vessels on a range of fuel options in the future, particularly looking at those that might become available at scale within a small number of years.
Peter Keller, Chairman of SEA-LNG, also 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 decarbonization journey.”
“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,” Keller concluded.