Dorian LPG is to work with Denmark’s Maersk Mc-Kinney Moller Center for Zero Carbon Shipping.
The deal formalises the US-listed VLGC company’s role as a partner and a mission ambassador to the not-for-profit research and development organisation.
Dorian describes itself as one of the leading VLGC owners and operators, with in-house technical and commercial management.
It will share experience and capabilities relevant to decarbonisation projects.
Chief executive John Hadjipateras said: “To meet and exceed the industry’s decarbonisation targets, there is an essential need for research and development collaboration amongst shipping and logistics organisations.
“We believe that the centre is performing a very important service to the industry and are happy to contribute Dorian expertise from Copenhagen, Athens and the US to help facilitate some of their important work.”
Dorian joins big names working with the Maersk-backed operation, such as BP, Cargill, Equinor, Rio Tinto, NYK Line and Hapag-Lloyd.
The shipowner has formed a technologies advisory group to vet new and existing technologies it can implement to cut emissions.
Carbon capture and storage systems are being evaluated.
Fossil fuel use need to fall 50%
In a December report, the centre said vessels must halve their use of fossil fuels by the end of the decade to align the industry with Paris climate goals.
It is urging shipping players to take “immediate collective action on an unprecedented scale” to remain on track to limit global warming to 1.5C.
International and domestic shipping uses 12.6 exajoules of energy each year, corresponding to around 300m tonnes of fossil fuels, the research shows.
This must fall to six exajoules by 2030, the centre argues.
