Mediterranean Shipping Company (MSC) has joined the Hydrogen Council as a steering member to foster cross-sector collaboration that will accelerate R&D related to clean hydrogen derived fuels and solutions.
The initiative is part of MSC’s wider approach to decarbonisation which has already seen the company pioneer the use of biofuels as a blended marine fuel. The shipping company will now work with others to advance the exploration viability of hydrogen and fuels derived from it as potentially viable fuel sources for container shipping.
‘MSC is actively engaging with a wide range of stakeholders to accelerate the development of clean hydrogen fuels for shipping. The future of shipping and decarbonisation will rely on strong partnerships from both the perspective of technology collaboration and procurement,’ said Bud Darr, Executive Vice President, Maritime Policy & Government Affairs, MSC Group.
‘There must be a massive injection of energy and capital into R&D efforts to bring alternative fuels and alternative propulsion technologies to the marketplace to decarbonise all industries in the longer term. Initiatives such as the Hydrogen Council provide just the right platform to accelerate R&D, as well as to facilitate cross-industry collaboration,’ Darr added.
Launched by thirteen founding members in 2017, the Hydrogen Council already boasts several high-profile container shipping names, including CMA CGM and NYK Line, as well as oil major Chevron. The Council consists of over 100 companies from more than 20 countries around the world.
MSC has been joined by fellow steering members CF Industries, Chemours, SABIC, Solvay and Uniper. ACME, Black & Veatch, Bureau Veritas, Delek US Holdings, Enbridge Gas, PETRONAS, Reliance Industries Limited, Sinoma Science & Technology and Tokyo Gas have joined as supporting members while GIC and Natixis have signed up as investors.