MAN Energy Solutions has signed a cooperation agreement with DP World that will target common progress in the field of decarbonisation.
The agreement is scheduled to run for five years with an option to extend thereafter, MAN Energy Solutions said.
Wayne Jones OBE – Chief Sales Officer, and Gaby Hanna – Senior Vice President and Head of Region – Middle East & Africa, acted as signatories for MAN Energy Solutions; while Sultan Ahmed Bin Sulayem – Group Chairman & CEO, signed on behalf of DP World.
‘To achieve net zero emissions, we must recognise the importance of taking urgent and immediate steps to decarbonise shipping and the way to do that is by identifying opportunities to forge partnerships with leading industry players and governments to develop solutions that will allow us to reap tangible results,’ said Captain Rado Antolovic, PhD, CEO, Drydocks World.
Jones added: ‘We have worked closely with DP World on many projects over the years and are very happy to enter into this formal agreement. In the transition towards a carbon-neutral future, we aim to achieve sustainable value-creation by addressing the challenges inherent to the marine, energy and industrial sectors.
‘Ultimately, we intend to develop pioneering solutions to the issues posed by decarbonisation and will work with selected partners to achieve this.’
Mutual areas of interest for the two companies include green-fuels infrastructure, future-proof conversions – such as LNG, methanol, ammonia - hybrid drives, electric engines R&D and training, and investigation of their respective, global footprints to further reduce the environmental impact of shipping traffic in terms of fuel consumption and emissions.
As previously reported, MAN Energy Solutions recently collaborated with the DP World when the ElbBLUE, a containership operated by charterer Unifeeder – part of the DP World Group – bunkered 20 tonnes of green SNG (Synthetic Natural Gas) at Brunsbüttel, Germany.