John Swire & Sons Limited, the parent company of the Swire Group, and Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping today signed a partnership agreement, committing to a long-term strategic collaboration around the development of safe and sustainable decarbonisation solutions for the maritime industry, according to the company's release.
As a strategic partner, John Swire & Sons will be closely involved with the Center team and provide support in realising the Center’s transition strategy. Working together, they will explore opportunities to fund and research practical solutions to accelerate decarbonisation in the shipping industry.
John Swire & Sons will also join the Center Advisory Board guiding and contributing to the future development of the Center activities. As a multidisciplinary group Swire brings expertise across a diverse range of sectors and geographies, as well as valuable insights into regulatory and financing services.
About John Swire & Sons Limited and Swire Group
The Swire Group is a multinational, multi-disciplined commercial group, with its principal areas of operations in the Asia Pacific region, centred on the Greater China area. Hong Kong is home to publicly quoted Swire Pacific, whose core businesses are grouped under five operating divisions: property, aviation, beverages, marine services, and trading & industrial. John Swire & Sons Limited, headquartered in the UK, is the parent company of the Group. In addition to its controlling shareholding in Swire Pacific, John Swire & Sons Limited operates a range of wholly-owned businesses, including deep-sea shipping, cold storage, offshore and road transport logistics services, waste to energy, mining services, and beverage ingredients with its main areas of operation in Australia, Papua New Guinea, East Africa, Sri Lanka, the USA and the UK.
About the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping
The Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping is a not-for-profit, independent research- and development center working with industry players across the energy- and shipping sectors to develop solutions and viable decarbonisation pathways for shipping globally. With Partners, the Center facilitates the development and implementation of new energy technologies; builds confidence in new concepts and their supply chains; and accelerates the transition by defining and maturing viable strategic ways to drive the required systemic and regulatory change. The Center is Copenhagen-based and has a partner base of global companies across the maritime eco system. The Center was founded in 2020, made possible by a start-up donation of DKK 400m by the A.P. Møller Foundation. Strategic Partners to the Center include: Alfa Laval, American Bureau of Shipping, A.P. Moller - Maersk, bp, Cargill, Haldor Topsoe, MAN Energy Solutions, Mitsubishi Heavy Industries, Mitsui, NORDEN, NYK Line, Seaspan Corporation, Siemens Energy, Stolt Tankers, Sumitomo Corporation and TotalEnergies.