World News
World's Largest Shipping Firm Signs Five-Year Partnership Deal With GCMD
Container line MSC, the world's largest shipping firm, has signed a five-year partnership deal with the Global Centre for Maritime Decarbonisation (GCMD.
The two organisation have signed a five-year impact partnership agreement under which MSC will provide financial support for the GCMD's pilots and trials, they said in a joint emailed statement on Thursday.
MSC will also participate in the GCMD's projects and supply operating data and evaluation reports.
"Despite current economic uncertainties, decarbonising shipping will need liners – who are closest to customers willing to pay a green premium – to make hard commitments for the industry to progress towards IMO's 2030 and 2050 goals," Lynn Loo, CEO of the GCMD, said in the statement.
"With MSC coming onboard as our newest Impact Partner, GCMD is now in a stronger position to drive decarbonisation solutions across the industry."
Key Bunker Prices More
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Singapore | 571.00 | 1.50 | 685.50 | 5.50 |
| Rotterdam | 516.50 | 1.50 | 677.50 | 3.50 |
| Houston | 556.00 | 6.00 | 679.00 | 1.00 |
| Fujairah | 565.00 | 4.50 | 755.00 | 1.50 |
| Global 20 Ports Average | 589.00 | 3.00 | 764.50 | 3.50 |
| Global 4 Ports Average | 552.00 | 3.00 | 699.00 | 2.50 |
| Global Average Bunker Price | 635.50 | 1.00 | 811.50 | 11.00 |
Popular Now More
-
Nov 21CCO Christoffer Berg Lassen is stepping down from the company to be replaced by Anders Grønborg, while Peder Møller becomes its first chief operating officer. -
Nov 20The ISO 6853:2024 specifications, the first of their kind, cover the general requirements and properties for methanol specifically being used as marine fuel. -
Nov 21CTI-Maritec reports on undeclared quantities of cashew nut shell liquid found in VLSFO samples from Rotterdam and Singapore.