Shell and CMA CGM sign agreements on LNG and decarbonisation into the future

The simultaneous operation LNG bunkering will be undertaken by FueLNG, a joint venture between a unit of Shell in Singapore and Keppel Offshore & Marine Ltd utilising FueLNG Bellina that is already in operation and an 18,000m3 LNG bunker vessel that will come into service in 2023, further enhancing the reliability of its LNG bunkering operations.

Furthermore, the two companies have signed a Memorandum of Understanding (MoU) that encompasses:

the advancement of low-carbon marine fuels, such as liquid biofuels, bio/e-methane (to LNG), bio/e-methanol, for new and existing vessels
the delivery of innovative technical solutions, which include LNG and hydrogen blending, methane slip abatement technologies and fuel cell technology development
exploring voluntary and mandated trading mechanisms for carbon credits
and joint advocacy for net zero-emissions policies.

As Shell and CMA CGM are long standing partners, both companies plan to extend their partnership to the road and aviation sectors in the future. In doing so, this demonstrates the vital role effective partnerships will play in accelerating decarbonisation in shipping and beyond.

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Shell Catalysts & Technologies

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