The Cruise Division of MSC Group and Gasum have signed a long-term agreement for the supply of liquefied natural gas (LNG) to the new flagship of its MSC Cruises brand, MSC Euribia, as well as a Letter of Intent (LOI) with the goal of cooperating on the supply of synthetic e-LNG made with renewable energy, according to a joint company statement.
This is part of the cruise company’s strategy to achieve net zero greenhouse gas emissions from its marine operations by 2050.
The LOI between MSC Cruises and Nordic energy company Gasum is a landmark cooperation that aims at securing MSC access to liquefied synthetic gas, or e-LNG, which is produced using hydrogen, created by hydrolysis with renewable energy and captured CO2, the companies said.
Gasum and MSC Cruises are together creating an actionable roadmap for cutting emissions in MSC’s cruise operations with sizeable volumes of several thousand tons of e-LNG starting in 2026.
The companies also signed a long-term agreement on the delivery of LNG for MSC Euribia.
With this agreement Gasum supports MSC Cruises in cutting emissions with the immediate use of LNG.
Linden Coppell, Vice President of Sustainability & ESG, MSC Cruises, said: “We are delighted to be partnering with Gasum on our journey to net zero greenhouse gas emissions. Securing a reliable supply of LNG and e-LNG is of critical importance to our decarbonisation efforts, and the LOI and long-term agreement that we have announced today are significant steps on that journey. Partnering with Gasum will enable us to access new and cleaner fuels needed to make net zero cruising a reality. We need more suppliers like Gasum to step up and support our industry with its environmental targets. We are ready and waiting to buy more of these new fuels.”
Mika Wiljanen, CEO, Gasum added: “As an alternative fuel supplier dedicated to the energy transition, Gasum is proud to offer support to MSC Cruises, a major maritime player, in their quest to improve the environmental footprint of their operations. At the same time MSC Cruises is supporting the development of the most promising alternative fuel by proving a demand for it. This LOI on e-LNG is a landmark agreement for the shipping industry as it demonstrates that e-LNG will be available to the maritime transport sector within a short timeframe. We are also very happy about the long-term LNG supply agreement which we believe is the start of long-lasting cooperation.”