World News
MSC Signs Maritime Decarbonisation Deal With ENI
MSC, the world's largest shipping company, has signed a maritime decarbonisation deal with Italian energy producer ENI.
The two companies have signed a memorandum of understanding on joint initiatives in sustainability and the energy transition, including the use of LNG, HVO, bio-LNG and bio-lubricants on board MSC cruise and container ships, ENI said in a statement on its website on Monday.
The companies aim to create new synergies between their operations, from logistics services to intermodal transport, covering both agro-industrial activities for the production of raw materials, including agri feedstock, for biorefining, and the storage and transport of HVO biofuels through innovative intermodal sea, rail and road transport solutions, according to the statement.
"At MSC we are focused on achieving a successful energy transition and to do this we need the partners we can trust and rely on," Diego Aponte, group president of MSC, said in the statement.
"Eni has been one of these partners for many years and this MoU is a welcome and natural evolution of our relationship.
"We look forward to working more closely with Eni as we broaden and deepen our approach to sustainability and decarbonization across the MSC Group of companies."
Key Bunker Prices More
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Singapore | 553.50 | 0.00 | 673.00 | 0.00 |
| Rotterdam | 514.50 | 0.00 | 651.00 | 0.00 |
| Houston | 545.00 | 0.00 | 671.00 | 0.00 |
| Fujairah | 543.00 | 0.00 | 747.00 | 0.00 |
| Global 20 Ports Average | 574.00 | 0.00 | 748.00 | 0.00 |
| Global 4 Ports Average | 539.00 | 0.00 | 685.50 | 0.00 |
| Global Average Bunker Price | 627.00 | 0.50 | 799.50 | 1.00 |
Popular Now More
-
Dec 24The 9,500 DWT heavy lift vessel Ursa Major sustained an engine room explosion in the Strait of Gibraltar at about 12:30 PM local time on Monday. -
Dec 23Since its launch in late June, the company's first 100 deliveries have primarily focused on LSMGO supply by barge to container ships and tankers in New York Harbor, CEO John Barbarise tells Ship & Bunker. -
Dec 23The company carried out worldwide marine fuel trading from offices in Singapore.