bp joins the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping

bp and the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping today signed a partnership agreement committing to a long-term collaboration on the development of new alternative fuels and low carbon solutions for the shipping industry.

bp joins the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping

As a strategic partner to the Center, bp will second experts to work on relevant research and development projects in the Center’s portfolio and contribute to the development of methodologies and optimized pathways for safe and sustainable fuel solutions for shipping. Additionally, bp will join the Center Advisory Board providing guidance for transition strategies and further development of the Center’s activities. 

William Lin, bp’s executive vice president of regions, cities and solutions said:

“At bp, we want to play a role in advocating for policies to help decarbonize carbon intensive sectors like shipping. The shipping industry’s transition to net zero is complex and requires technology advancements and policies that will give companies across the value chain the confidence to act. This is a privileged opportunity to collaborate and advocate with key industry players to progress solutions at the pace and scale needed. When we work together, we can fast track development, de-risk investments and provide signals to the market that will speed up the decarbonization of the shipping industry.” 

In welcoming bp, the Center CEO Bo Cerup-Simonsen says:

“We are extremely proud and delighted to welcome bp to the Center as a strategic partner. We share the same high ambitions and sense of urgency when it comes to creating real climate action and I look very much forward to the collaboration. bp brings extensive expertise in production, storage, handling, transportation and usage of fuels and great experience in driving safety and efficiency in shipping. I see enormous potential in leveraging and applying this knowhow to accelerate the development of future net-zero solutions for the maritime industry.” 

Sven Boss-Walker, bp’s senior vice president of shipping, said:

“For more than 100 years bp has helped shape the shipping industry, from the development of large tankers to the invention of the inert gas system and the latest state-of-the-art LNG carriers. Now is the time to work together with companies that share our net zero ambition and have complementary capabilities to shape the future of shipping.”