Kuala Lumpur, 26 November 2024 - MISC Berhad
(MISC), a global leader in energy-related maritime services, has
entered into a Strategic Collaboration Agreement with clean energy
solutions provider Gentari Sdn Bhd (Gentari) through Gentari
Hydrogen Sdn Bhd, to jointly explore the development of integrated
shipping and floating solutions for clean ammonia, targeted for
completion earliest by 2027.
Leveraging
MISC’s shipping and floating solutions expertise with
Gentari’s focus in clean hydrogen and ammonia production,
this partnership represents a shared commitment to deliver
end-to-end solutions that streamlines the clean ammonia value
chain while setting new benchmarks for sustainable energy
transportation.
President and Group Chief
Executive Officer of MISC Berhad, Mr. Zahid Osman, said,
“This partnership is not only about creating solutions for today
but also about building the foundation for tomorrow’s
low-carbon maritime ecosystem. The solutions we are developing
with Gentari Hydrogen will be game-changing for the maritime
industry, offering integrated approaches that enhance efficiency
and reduce carbon emissions. Together, we will drive innovation in the way clean ammonia is
transported globally and enhancing Malaysia’s
standing as a forward-looking maritime and energy hub.”
Gentari’s Chief Hydrogen Officer
Michèle Azalbert said, “This collaboration marks an important step in laying the
foundation for a robust clean ammonia value chain, subsequently
enabling quicker decarbonisation in hard-to-abate sectors. By
developing innovative ammonia shipping solutions, we are
addressing critical infrastructure needs and paving the way for
ammonia to become a key energy carrier in the global transition
towards a sustainable future.”
Through a comprehensive joint-study, this
strategic collaboration aims to:
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Advance Energy Transition: Strengthen the infrastructure needed for ammonia transportation, enabling the broader energy sector to meet demand for alternative energy sources; and
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Develop Comprehensive Integrated Solutions: Offer end-to-end logistics, transportation, and infrastructure solutions for clean ammonia, a vital component of the future energy mix, particularly for sustainable power generation and industrial applications.
Marking a significant step toward supporting the global energy transition, this partnership underscores both parties’ commitment to harnessing clean ammonia’s potential and championing sustainable energy pathways and driving progress toward a low-carbon future.