Shell & CMA CGM Group have signed agreements that will see them work closely together to accelerate decarbonising the marine sector. This includes a multi year liquefied natural gas supply agreement, which will supply LNG to CMA CGM’s 13,000 twenty foot equivalent unit vessels in the Port of Singapore, starting from the second half of 2023. The simultaneous operation LNG bunkering will be undertaken by FueLNG, a joint venture between a unit of Shell in Singapore and Keppel Offshore & Marine utilising FueLNG Bellina that is already in operation and an 18,000 cubic meters LNG bunker vessel that will come into service in 2023, further enhancing the reliability of its LNG bunkering operations. Furthermore, the two companies have signed a Memorandum of Understanding that encompassesThe advancement of low-carbon marine fuels, such as liquid biofuels, bio/e-methane to LNG, bio/e-methanol, for new and existing vesselsThe delivery of innovative technical solutions, which include LNG and hydrogen blending, methane slip abatement technologies and fuel cell technology developmentExploring voluntary and mandated trading mechanisms for carbon creditsJoint advocacy for net zero-emissions policiesAs Shell and CMA CGM are long standing partners, both companies plan to extend their partnership to the road and aviation sectors in the future. In doing so, this demonstrates the vital role effective partnerships will play in accelerating decarbonisation in shipping and beyond.
Shell & CMA CGM Group have signed agreements that will see them work closely together to accelerate decarbonising the marine sector. This includes a multi year liquefied natural gas supply agreement, which will supply LNG to CMA CGM’s 13,000 twenty foot equivalent unit vessels in the Port of Singapore, starting from the second half of 2023. The simultaneous operation LNG bunkering will be undertaken by FueLNG, a joint venture between a unit of Shell in Singapore and Keppel Offshore & Marine utilising FueLNG Bellina that is already in operation and an 18,000 cubic meters LNG bunker vessel that will come into service in 2023, further enhancing the reliability of its LNG bunkering operations. Furthermore, the two companies have signed a Memorandum of Understanding that encompassesThe advancement of low-carbon marine fuels, such as liquid biofuels, bio/e-methane to LNG, bio/e-methanol, for new and existing vesselsThe delivery of innovative technical solutions, which include LNG and hydrogen blending, methane slip abatement technologies and fuel cell technology developmentExploring voluntary and mandated trading mechanisms for carbon creditsJoint advocacy for net zero-emissions policiesAs Shell and CMA CGM are long standing partners, both companies plan to extend their partnership to the road and aviation sectors in the future. In doing so, this demonstrates the vital role effective partnerships will play in accelerating decarbonisation in shipping and beyond.
