MSC teams up with GCMD to accelerate decarbonisation efforts

MSC and Global Centre for Maritime Decarbonisation (GCMD) announced the signing of a five-year impact partnership agreement. The agreement sees MSC, the world’s largest shipping line, combine forces and industry expertise with GCMD, says an official release from MSC. "GCMD, strategically located in Singapore, the world’s largest bunkering hub and second largest container port, aims to help the industry eliminate GHG emissions by shaping standards for future fuels, financing first-of-a-kind projects, and piloting low-carbon solutions in an end-to-end manner under real-world operations conditions."