MSC continues to invest in decarbonising shipping
MSC Mediterranean Shipping Company, a global leader in shipping and logistics, is heavily investing in its fleet and low-carbon technology to support the industry’s transition towards zero carbon future.
Shipping can be accurately described as the most environmentally sustainable form of cargo mass transportation. Nonetheless, MSC is acutely aware that international shipping has an impact on the climate and our decision to invest in low-carbon technology is complementary to the company’s broader strategic approach to sustainability.
The company operates a modern fleet and is running the biggest fleet investment programme in the industry to further reduce emissions.
MSC fully supports the IMO’s policy goals to decarbonise shipping and is actively exploring and trialling a range of alternative fuels and technologies – pioneering large scale usage of up to 30% biofuel blends for container ships, for example – on top of some significant energy efficiency improvements across its fleet.
Around 90% of the world’s trade is transported by sea. To meet the market demand while minimising emissions, MSC was the first shipping company to deploy 23K+ TEU, ultra-efficient vessels on some of the world’s busiest trade lanes including the Meditteranean. In 2019, MSC set a new standard for sustainable container shipping, by introducing the MSC Gülsün with one of the lowest carbon footprints by design, at 7.49 grams of CO2 emissions to move 1 tonne of cargo 1 nautical mile.
In addition, to help bridge the gap between shipping today and the zero-carbon future, MSC was the first major shipping line in 2019 to offer clients an option to fully compensate the remaining currently unavoidable carbon emissions caused by the transport of their cargo through participating in MSC’s Carbon Neutral Programme.
In addition to its massive investment in reducing emissions, MSC fully supports reporting CO2 emissions transparently and precisely in the European Union Monitoring, Reporting and Verification system, as mandated by EU legislation. As said in an earlier statement in December, it is vital that the raw data reported in the system are analysed accurately and take operational realities fully into account, to give a realistic picture of the related emissions.
Further to the company’s own efforts to minimise environmental impact, MSC contributes to the work of industry groups and associations to accelerate decarbonising the shipping industry.