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MSC Group and Oldendorff Carriers join the Methanol Institute

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.

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. “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.”

In related news, MSC signed a memorandum of understanding last week with energy major Shell to press ahead with shipping decarbonisation plans.

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.”

Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.
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