MAN Energy Solutions and DP World sign cooperation agreement
Companies join forces to further Maritime Energy Transition
Effective immediately, the agreement targets common progress in the field of decarbonisation and is scheduled to run for five years with an option to extend thereafter.
Wayne Jones OBE – Chief Sales Officer, and Gaby Hanna – Senior Vice President and Head of Region – Middle East & Africa, acted as signatories for MAN Energy Solutions; while Sultan Ahmed Bin Sulayem – Group Chairman & CEO, signed on behalf of DP World.
Captain Rado Antolovic,PhD, CEO, Drydocks World, said:
“To achieve net zero emissions, we must recognize the importance of taking urgent and immediate steps to decarbonize shipping and the way to do that is by identifying opportunities to forge partnerships with leading industry players and governments to develop solutions that will allow us to reap tangible results.”
“We have worked closely with DP World on many projects over the years and are very happy to enter into this formal agreement. In the transition towards a carbon-neutral future, we aim to achieve sustainable value-creation by addressing the challenges inherent to the marine, energy and industrial sectors. Ultimately, we intend to develop pioneering solutions to the issues posed by decarbonisation and will work with selected partners to achieve this.”
Mutual areas of interest for the two companies include green-fuels infrastructure, future-proof conversions (LNG, methanol, ammonia, etc.), hybrid drives, electric engines R&D and training, and investigation of their respective, global footprints to further reduce the environmental impact of shipping traffic in terms of fuel consumption and emissions.
MAN Energy Solutions has previously collaborated with the DP World Group on many occasions. The most recent of these was in September 2021 when the ‘ElbBLUE’, a containership operated by charterer Unifeeder – part of the DP World Group – bunkered 20 tons of green SNG (Synthetic Natural Gas) at Brunsbüttel, Germany. In a first for commercial shipping, the fuel was generated from 100% renewable energy via power-to-X technology.