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Shell and MSC sign collaboration agreement on decarbonising shipping

Shell International Petroleum Company Limited (Shell) and MSC Mediterranean Shipping Company (MSC) have agreed to work closely together to help accelerate the decarbonisation of the global shipping sector.

The long-term memorandum of understanding will help Shell and MSC to play enhanced roles in the energy transformation of shipping, as developers and early adopters of innovative technologies and fuel solutions.

The companies plan to develop a range of safe, sustainable and competitive technologies that can reduce emissions from existing assets and help to enable a net-zero emissions future for shipping.

Bud Darr, EVP Maritime Policy and Government Affairs, MSC Group, said: 鈥淢SC鈥檚 efforts to decarbonise include strong partnerships with a range of companies across the industry. This partnership with Shell is a great example of the type of commitment that is needed to catalyse low-carbon solutions for the shipping sector.

鈥淭o reach that ultimate goal of complete decarbonisation, we must look at a set of solutions. We need significant advances in research and development and fuel development. MSC welcomes partnerships like this with Shell that are designed to facilitate cross-sector information sharing and prove how collaboration is key in defining the best pathway to a net-zero future,鈥 said Darr.

Melissa Williams, President, Shell Marine, said: 鈥淪hell wants to play a central role in the transition to net zero. Partnering with our customers to develop new technologies and fuels will help accelerate progress. Combining MSC鈥檚 experience as one of the world鈥檚 largest shipping companies with Shell鈥檚 expertise as a global energy supplier will help bring about effective solutions for this vital part of the world economy.鈥

Shell and MSC have worked together over the last 10 years on projects, including bunkering biofuels and trialling very and ultra-low sulphur fuels.

MSC and Shell technical and commercial teams will collaborate to develop and deploy net-zero solutions such as zero-emission fuels of the future and the technologies that will enable them, including fuel cells, with the ambition of contributing towards a zero-carbon flexi-fuel concept vessel. They will also work together on energy efficiency technologies, including digital services and platforms.

The partners continue to envisage a range of fuel solutions on the route to a net zero future and are also exploring options such as hydrogen-derived fuels and the use of methanol as a marine fuel. Both companies each have been exploring the significant potential benefits of progressing from fossil-based liquefied natural gas (LNG) to bio-LNG or synthetic variants. Together, the partners will explore opportunities for MSC to use LNG in its fleet, as the lowest emissions fuel widely available today. They will also consider future pathways, including methane-slip abatement technologies that will further bring down LNG鈥檚 emissions.

The partnership also offers an opportunity for Shell and MSC to work together to engage the industry and its stakeholders on strategic policy issues, bringing their dual perspectives with the purpose of enabling constructive dialogue and to accelerate decarbonisation in the sector.

Enquiries:

Shell Media Relations
International: +44 207 934 5550
Netherlands: +31 70 377 8750

Notes to editors:

Royal Dutch Shell plc

Royal Dutch Shell plc is incorporated in England and Wales, has its headquarters in The Hague and is listed on the London, Amsterdam, and New York stock exchanges. Shell companies have operations in more than 70 countries and territories with businesses including oil and gas exploration and production; production and marketing of liquefied natural gas and gas to liquids; manufacturing, marketing and shipping of oil products and chemicals and renewable energy projects. For further information, visit www.shell.com.

About MSC

MSC Mediterranean Shipping Company, headquartered in Geneva, Switzerland, is a global leader in transportation and logistics, privately owned and founded in 1970 by Gianluigi Aponte. As one of the world鈥檚 leading container shipping lines, MSC has 524 offices across 155 countries worldwide with over 100,000 employees. With access to an integrated network of road, rail and sea transport resources which stretches across the globe, the company prides itself on delivering global service with local knowledge. MSC鈥檚 shipping line sails on more than 215 trade routes, calling at over 500 ports.

Accredited journalists may contact media@msc.com. For more information visit 

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With respect to operating costs synergies indicated, such savings and efficiencies in procurement spend include economies of scale, specification standardisation and operating efficiencies across operating, capital and raw material cost areas.

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