Hapag-Lloyd, Shell Sign Multiyear Agreement for LNG Supply
27 Fevereiro 2023 - 8:55AM
Dow Jones News
By Giulia Petroni
Hapag-Lloyd AG and Shell PLC have signed a multiyear agreement
for the supply of liquefied natural gas to the shipping company's
ultra large dual-fuel container vessels.
Bunkering--or fueling--of the 12 new vessels is expected to
begin in the second half of the year, the German player said on
Monday. Using LNG will allow to reduce the carbon-dioxide
intensity, a measure of how much greenhouse gas is emitted--of the
vessels by up to 23% compared to conventional fuels.
Financial details of the deal weren't released.
Hapag-Lloyd also said it had entered into a strategic
collaboration agreement with Shell to accelerate the
decarbonization of alternative marine fuels.
Write to Giulia Petroni at giulia.petroni@wsj.com
(END) Dow Jones Newswires
February 27, 2023 06:40 ET (11:40 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
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