Many industry participants, including Darr, have warned the production of green marine fuels could be constrained by the availability of renewable energy and waste-based biomass. "We want as much flexibility as possible."
"It's very important that we keep many options open," Darr said. Separately, the shipping group has stated hydrogen and biofuels could be part of shipping's future fuel mix. signed a memorandum of understanding with Lloyd's Register, Shanghai Merchant Ship Design & Research Institute, and MAN Energy Solution to develop the ammonia dual-fuel design for an 8,200-TEU containership. "We also have a subset of our LNG dual-fuel ships which are being constructed with tankage that is of a metal type that would be appropriate to use ammonia," Darr added. While LNG can only reduce CO2 emissions by 20%-30% versus conventional fuels, Darr said MSC's dual-fuel vessels could operate on bio- and synthetic LNG for deep decarbonization when the fuels become available. The liner operator has 124 cruiseships and boxships on order for delivery between 20, including 84 that can be powered by LNG and oil-based fuels, according to S&P Global Maritime Portal. "We're working very closely with energy providers to help ensure that we've got supply chains being developed."Īside from a large cruise business, Geneva-based MSC Group operates the world's largest containership fleet via Mediterranean Shipping Co. "Ultimately the critical factors are going to be production, delivery and allocation," Darr said. It's not going to be one single obvious solution," Bud Darr, MSC's executive vice president for maritime policy and government affairs, said in a recent interview.ĭarr, whose company has a target to achieve net-zero emissions by 2050, suggested the industry is unlikely to have sufficient volume of one single fuel to achieve deep decarbonization within the time frame. "It's going to take a solution set of fuels. Maritime transportation, which accounts for 2%-3% of the world's greenhouse gas emissions, generally relies on oil-based fuels as energy sources, and industry participants said a new generation of low- and zero-emission fuels are required to decarbonize the sector. Receive daily email alerts, subscriber notes & personalize your experience.
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