MSC, GCMD collaborate for decarbonisation efforts
Mediterranean Shipping Company (MSC) and the Global Centre for
Maritime Decarbonisation (GCMD) have announced the signing of a five-year Impact
Partnership agreement.
The partners aim to help the maritime industry eliminate greenhouse gas
(GHG) emissions by shaping standards for future fuels, financing innovative
projects, and piloting low-carbon solutions.
MSC will provide cash contribution towards GCMD’s pooled resources for
pilots and trials as an Impact Partner.
MSC will also make in-kind contributions through its participation in
projects, including access to vessels, operational equipment, and other assets,
as well as vessel operating data and evaluation reports so that its learnings
can help inform GCMD’s future trials.
“Despite current economic uncertainties, decarbonising shipping will need
liners – who are closest to customers willing to pay a green premium – to make
hard commitments for the industry to progress towards International Maritime
Organization’s 2030 and 2050 goals,” said Lynn Loo, CEO of GCMD.
“With MSC coming onboard as our newest Impact Partner, GCMD is now in a
stronger position to drive decarbonisation solutions across the industry,” Loo
added.
This partnership comes a year after GCMD signed a strategic partnership
agreement with shipping line Hapag-Lloyd, to cooperate on efforts contributing
to maritime decarbonisation.
