Sumitomo Corporation and Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping on Wednesday (11 August) signed a partnership agreement, committing to a long-term strategic collaboration about the development of zero carbon technologies for the maritime industry.
As a strategic partner to the Center, Sumitomo Corporation will second experts to work on research and development projects in the Center’s portfolio and contribute to the development of methodologies and optimised pathways for safe and sustainable marine fuel solutions for shipping.
Additionally, Sumitomo Corporation will join the Center Advisory Board providing guidance for transition strategies and further development of the Center and its activities.
“We are proud to welcome Sumitomo Corporation to the Center. With a shared commitment to contribute to a carbon-free world through energy and technology innovation we see great potential in exploring alternative fuel pathways for shipping together,” said CEO Bo Cerup-Simonsen.
“With an impressive 400 years of business experience Sumitomo also brings a proven track record of developing transition strategies and coping effectively with change and we look forward to leveraging this knowhow and expertise as well”.
General Manager, Energy Trading Department, Sumitomo Corporation, Shu Nakamura said: “We are delighted to contribute the cutting-edge study as a partner of the Center together with various field of professional partners aiming for decarbonisation of the maritime industry.”
“In line with our basic environment policy that aims to make the Sumitomo Corporation Group carbon neutral in 2050, we would like to cooperate with the Center and partners to achieve our common goal.”
Photo credit: Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping
Published: 12 August, 2021
Additional topics of bunker contamination and OCM services discussed at VPS’ Fuel Management Challenges – The Year of 2021 & Beyond webinar on 23 September; Manifold Times summarises the session.
‘The JMs have failed to discharge their duties by blindly helping the Banks mount a false case against the Defendant,’ wrote defence lawyers representing former IPP Director Dr Goh Jian Hian in court statement.
Lead prosecutor Andreas Myllerup Laursen aims for a fine and a prison sentence in the so-called Syria case scheduled to commence in Odense, Denmark on 26 October, writes the Danish publication.
In a modern re-telling of the story of David versus Goliath, local bunker barge owners/charterers successfully resisted claims brought in the Singapore courts by Phillips 66 for misdelivery of bunkers.
Bunker barge owners and operators; traders and suppliers; banks, including players in other countries, will have to re-examine respective operations, advises Helmsman Associate Director Jonathan Tan.
Vopak BL was a non-essential document with no contractual force and had no effect as a contract of carriage or as a document of title, states written Judgement issued by Singapore Court of Appeal.