• 2023 June 15 14:13

    Gasum and the cruise division of MSC group partner for LNG and renewable e-LNG to achieve 2050 net zero greenhouse gas emissions goal

    Nordic energy company Gasum and MSC Cruises, the world’s third-largest cruise operator, have executed a Letter of Intent (LOI) engaging in a landmark cooperation that aims at securing MSC access to liquefied synthetic gas, or e-LNG, which is produced using hydrogen, created by hydrolysis with renewable energy and captured CO2, according to the company's release. Gasum and MSC Cruises are together creating an actionable roadmap for cutting emissions in MSC’s cruise operations with sizeable volumes of several thousand tons of e-LNG starting in 2026.

    The companies also signed a long-term agreement on the delivery of liquefied natural gas, LNG, to MSC’s new flagship MSC Euribia. With this agreement Gasum supports MSC Cruises in cutting emissions with the immediate use of LNG.

    Using LNG removes nearly all sulfur oxide and particle emissions, greatly reduces nitrogen oxide emissions and significantly lowers greenhouse gas emissions. In addition, LNG technology on board enables MSC Cruises to switch at any time to fully renewable liquefied biogas (bio-LNG) or synthetic gas (e-LNG) in order to reach greenhouse gas emissions reductions of up to 100 per cent.

    MSC Euribia recently demonstrated that emissions neutral cruising is possible already today by sailing the historical first ever net zero greenhouse gas emissions cruise voyage benefiting from the emissions reductions allowed by liquefied biogas procured by Gasum. The ship sailed for four days from Saint-Nazaire in France to Copenhagen, Denmark and utilised bio-LNG with a mass-balance approach, the most environmentally efficient method of delivering the benefits of renewable biogas.

    MSC Cruises purchased over 400 tons of bio-LNG from Gasum to show its commitment to the deployment of drop-in renewable fuels and energy transition measures towards the pioneering net zero gas emissions voyage. The line is the industry’s first deep sea ocean cruise operator to buy bio-LNG as a fuel source that proved to allow significant lifecycle emissions reductions.

    E-LNG gas can be produced synthetically through the Power-to-Gas process. First hydrogen is produced from water using renewable electricity, for example wind or solar power. The produced hydrogen can then be further processed into methane by adding non-fossil carbon dioxide obtained from carbon capture.

    This resulting synthetic renewable methane gas is fully interchangeable with natural gas and biogas. When it is liquefied it is likewise fully interchangeable with LNG and liquified biogas. This means that it can be transported through already existing infrastructure – trucks, ships, pipelines also using the existing gas grids.

    It also means that synthetic gas can be directly used in the dual fuel engines fitted on board currently running on natural gas, biogas, LNG or liquefied biogas at any ratio. There is no need for any additional investments in new equipment or modifications.

    Unlike alternative fuels such as ammonia or methanol which are still in the development stage both in terms of production and infrastructure, synthetic gas, or e-LNG, is a concrete pathway to decarbonizing maritime as well as land transportation in the next few years.

    Gasum’s strategic goal is to bring seven terawatt hours (7 TWh) of renewable gas yearly to market by 2027. Achieving this goal would mean a yearly cumulative carbon dioxide reduction of 1.8 million tons for Gasum’s customers.

    The energy company Gasum is a Nordic gas sector and energy market expert. Gasum offers cleaner energy and energy market expert services for industry and for combined heat and power production as well as cleaner fuel solutions for road and maritime transport.

    The Cruise Division of MSC Group, the leading privately held Swiss-based shipping and logistics conglomerate with over 300 years of maritime heritage, is headquartered in Geneva, Switzerland, and has two distinct brands within its structure. MSC Cruises, the contemporary brand, is the world’s third largest cruise brand as well as the leader in Europe, South America, the Middle East and Southern Africa with more market share in addition to deployed capacity than any other player. It is also the fastest growing global cruise brand with a strong presence in the Caribbean, North America and the Far East markets. Its fleet comprises 22 modern vessels combined with a sizeable future global investment portfolio of new vessels and is projected to grow to 23 cruise ships by 2025. MSC Cruises is committed to being a net zero GHG emissions brand by 2050.




2024 July 15

18:06 European Shipowners and Maritime Transport Unions launch initiative to support shipping and seafarers in the digital transition
17:35 APM Terminals Mumbai switches to 80% renewable electricity
17:05 Seaspan Shipyards welcomes the formation of the “ICE Pact”
16:41 World’s first entirely hydrogen-powered ferry welcomes passengers in San Francisco Bay
16:26 FMC issues request for additional information regarding Gemini Agreement
16:24 Saipem awarded two offshore projects in Saudi Arabia worth approximately 500 million USD
16:12 Pecém Complex selects Stolthaven Terminals and GES Consortium as H2V Hub green ammonia operator
15:43 Singapore's bunker sales rise 8.5% in the first half of 2024
15:27 TORM purchases eight and sells one second-hand MR vessel
14:55 Adani plans to build port in Vietnam
13:35 Regulator gives conditional nod to HD Korea Shipping's purchase of stake in STX Heavy
13:02 HD Korea Shipbuilding wins US$2.67 billion order to build 12 container carriers
12:51 Maersk introduces SH3 ocean service between China and Bangladesh
12:24 ABS to сlass two new Seatrium FPSOs for Petrobras
11:42 CSP Abu Dhabi Terminal surpasses throughput of 5 mln TEUs
11:11 Fincantieri launches the seventh PPA “Domenico Millelire” in Riva Trigoso
10:51 India's first transshipment port receives its first container ship
10:35 The “Egypt Green Hydrogen” project in SCZONE wins a contract worth € 397 million to export green fuel to Europe

2024 July 14

15:17 FMC issues request for additional information regarding Gemini agreement
13:06 Lummus and MOL Group begin engineering execution on advanced waste plastic recycling plant in Hungary
10:51 Chinese line launches new Arctic container service to Arkhangelsk
09:49 Malta PM tours Abela toured MSC World Europa officially inagurates Valletta shore power

2024 July 13

15:47 €11 million for 1-MW Dynamic Electrolyser Unit
14:11 PSA Group and Singapore mitigate impact of global supply chain disruptions
12:23 NREL: Offshore wind turbines offer path for clean hydrogen production
10:06 MMMCZCS releases a technical, environmental, and techno-economic analysis of the impacts of vessels preparation and conversion

2024 July 12

18:00 Qingdao Port International to buy oil terminal assets for $1.30 billion
17:36 Saipem signs framework agreement with bp for offshore activities in Azerbaijan
17:06 AG&P LNG and BK LNG Solution signs an agreement to bring BKLS's first LNG spot cargo into China
16:31 Allseas removes final Brent platform with historic lift
15:58 ZPMC Qidong Marine Engineering launches the world’s largest FPSO bow section for Petrobras
15:25 MSC acquires Gram Car Carriers
14:58 ABP boosts marine capability through pilot launch upgrades
14:34 Fincantieri receives ISO 31030 attestation from RINA
13:52 Second new dual-fuel fast Ro-Pax ferry to enter service for Balearia after successful sea trials
13:24 ADNOC deploys AIQ’s world-first RoboWell AI solution in offshore operations
12:59 ABS issues AIP for new gangway design from Pengrui and COSCO
11:38 Port of Long Beach data project receives $7.875 mln to speed goods delivery
11:15 ZeroNorth to provide its eBDN solution on 12 barges operated by Vitol Bunkers in Singapore
10:46 Seatrium secures customer contract agreement from Teekay Shipping for the repairs and upgrades of a fleet of vessels
10:14 Liquid Wind and Uniper enter into strategic partnership to accelerate the development of eFuels

2024 July 11

18:06 Yanmar and Amogy to explore ammonia-to-hydrogen integration for decarbonized marine power
17:36 COSCO Shipping receives first 7500 CEU LNG dual-fuel PCTC
17:06 Monjasa adds two tankers and targeting West Africa’s offshore industry
16:34 Biden administration announces funding for 15 small shipyards in 12 states
16:10 Iran's Ports and Maritime Organization attracts nearly $1.7bln of investment in ports, maritime sector
15:52 The added value of Chinese port cities up to US$869.05 bln in 2023
15:25 HD Hyundai becomes first Korean shipbuilder to sign MSRA with US Navy
13:41 NovaAlgoma orders the world’s largest cement carrier
13:21 Steerprop selected to provide comprehensive propulsion systems for world's largest cable-laying vessel
12:41 Integrated Wartsila propulsion package supports decarbonisation and efficiency goals for James Fisher tankers
12:36 MABUX: Bunker Outlook, Week 28, 2024
12:10 Valencia Port Authority signs an agreement with C.N.E. Hydrogen and Fuel Cells to promote hydrogen research
11:41 Long Beach, Los Angeles ports partner for zero-emissions future
11:16 Iraq to establish maritime single window for major ports
10:46 James Fisher completes its largest decommissioning project to date

2024 July 10

18:00 MET Group secures long-term US LNG source from Shell
17:36 bp, Mitsui, Shell and TotalEnergies join to ADNOC’s Ruwais LNG project
17:06 HD Hyundai Samho extends a pier at its shipyard in Yeongam, South Jeolla
16:45 Panama Canal plans new $1.6bn reservoir to address water shortages
16:25 Ocean Power Technologies signs agreement with AltaSea to advance wave power projects
15:52 WinGD completes type approval testing for new short-stroke engine size
15:32 PIL has the most reliable schedule among the top 12 container lines in Q2 2024
14:56 Fincantieri celebrates the keel laying of the first ultra-luxury vessel for Four Seasons Yachts at the shipyard in Ancona
14:20 Ningbo-Zhoushan port sees 8.4% container volume growth in H1
13:43 MOL announces delivery of bulk carrier Green Winds, 2nd vessel equipped with wind challenger hard sail propulsion system
13:23 BHP, Pan Pacific Copper and Norsepower deploy wind-assisted propulsion technology on vessel that set sail this month
12:43 MEYER WERFT to build Disney Wish-сlass сruise ship for Oriental Land Company to operate in Japan
12:25 South African Maritime Safety Authority try to rescue a cargo ship that ran aground on Cape west coast
11:50 SAAM Terminals partners with Next Port AI to boost digital solutions in ports