Crowley and Shell pen decarbonization pact

Florida-based Crowley and a unit of LNG giant Shell are joining forces to work on decarbonizing the maritime industry in the US.

In that regard, Crowley and Shell Trading (US) have entered into a memorandum of understanding with the aim of supporting alternative energy solutions for the future of shoreside and terminal operations, according to a joint statement issued on Tuesday.

The memorandum follows an ongoing joint project revealed by the two firms last year regarding the construction and charter of what they say would be the nation’s largest LNG bunkering barge on the US East Coast.

Under the new deal, Shell and Crowley are “continuing to look more broadly at how they can jointly develop sustainable solutions across the US maritime sector,” the statement said.

This includes lower-emissions vessels and technology at ports across the West, Gulf and East Coast regions and electrification and net-zero solutions at terminals.

Subject to future agreements, Shell would look to support Crowley’s development of lower-emissions solutions for a shoreside charging station at the Port of San Diego, where Crowley’s eWolf, the first all-electric US ship assist tug, would begin service in 2023.

Most Popular

Atlantic LNG shipping rates, European prices down

Atlantic LNG freight shipping rates and European prices decreased this week compared to the week before.

Glenfarne becomes majority owner of Alaska LNG

US energy firm Glenfarne has signed definitive agreements with state-owned Alaska Gasline Development Corporation to become the majority owner of the giant Alaska LNG export project.

Petronas to supply LNG to PetroVietnam Gas

Malaysian energy giant Petronas will supply liquefied natural gas (LNG) to PetroVietnam Gas, a unit of state-owned PetroVietnam, next month. The two firms will also look into the possibility of signing long-term LNG contracts.

More News Like This

Shell seals LNG deal with India’s IRM Energy

A unit of UK-based LNG giant Shell has signed a five-year deal to supply regasified LNG to India's IRM Energy.

China’s SIPG eyes LNG bunkering vessel order

China’s terminal operator, Shanghai International Port (SIPG), is looking to order one large liquefied natural gas (LNG) bunkering vessel, according to shipbuilding sources.

Shell CEO expects progress on Venture Global arbitration this year

Shell’s CEO Wael Sawan expects to have an update on an arbitration dispute with US LNG exporter Venture Global LNG later this year.

Crowley’s carrier delivers US LNG cargo to Puerto Rico

The first US-flagged LNG carrier, American Energy, owned by Crowley, has delivered a US LNG cargo to Naturgy's facility in Penuelas, Puerto Rico.