Paris, October 27, 2021 - TotalEnergies and Columbia Shipmanagement (CSM) have signed a Memorandum of Understanding (MoU) to explore various collaborative opportunities to foster energy transition, especially in Transportation, with a focus on Shipping.
TotalEnergies will work closely with CSM, a world-leading provider of ship management and maritime services, to accelerate the process of a ‘green revolution’ in shipping. This will be achieved by utilizing CSM’s decades of experience in the maritime sector and TotalEnergies’ experience in cutting-edge green technologies in the energy industry.
The parties are developing in partnership a lube oil monitoring, optimization and supply platform utilizing the existing capabilities of CSM’s Performance Optimization Control Room (POCR). These developments aim at bringing value to final customers.
In addition, CSM and TotalEnergies are committed to work on increasing synergies in sustainability and climate innovative technologies. They will also designate existing resources towards development into alternative propulsion systems and marine fuel systems as well as environmentally friendly waste management services.
The partners will also dedicate resources to explore the potential of renewable energy projects in various geographies.
Philippe Charleux, SVP Lubricants & Specialties Marketing & Services of TotalEnergies said: “We share with CSM a strong determination to promote the energy transition and we want to capitalize on our respective expertise to accelerate it. This partnership is fully in line with our objective to reduce our carbon emissions and to support our customers on the same path by offering and developing with them innovative solutions.”
Mark O’Neil, President and CEO of CSM, said: “We look forward to working with TotalEnergies on our joint mission to contribute innovative, environmentally-friendly and profitable solutions for all parties. TotalEnergies’ experience in the renewable energy field is vast and we are very excited about using our extensive knowledge of the maritime sector to complement their endeavors. Efforts to investigate lube oil optimization strategies, renewable technologies and opportunities highlights both TotalEnergies’ and CSM’s commitment to creating long-lasting and cost-effective renewable technology solutions on the world stage.”
About TotalEnergies
TotalEnergies is a global multienergy company that produces and markets energies on a global scale: oil and biofuels, natural gas and green gases, renewables and electricity. Our 105,000 employees are committed to energy that is ever more affordable, clean, reliable and accessible to as many people as possible. Active in more than 130 countries, TotalEnergies puts sustainable development in all its dimensions at the heart of its projects and operations to contribute to the well-being of people.
For more information, please visit: totalenergies.com
About Columbia Shipmanagement
For over 40 years, Columbia Shipmanagement (CSM) has provided world-class ship management and crew management services to the global shipping industry. A global presence with more than 20 management and representative offices, crew agencies and training centres worldwide connects us to our 15,000 employees on land and sea. CSM offers a fully transparent and flexible turnkey services portfolio, cooperating closely with its global partners to drive bottom line value and leverage economies of scale. Our services are cost-efficient and fully optimized to the individual client’s needs, resulting in the delivery of top-quality customisable and modular maritime solutions.
For more information, please visit: columbia-shipmanagement.com
Media Relations
Issued by Knights Media & Public Relations [Knights MPR] on behalf of TotalEnergies, Lubmarine division. For further details please contact: Jason Knights, Director - M: +44 (0)78 51 866 007 E: jason@knightsmpr.com W: www.knightsmpr.com
TotalEnergies Contacts
Media Relations: +33 1 47 44 46 99 l presse@totalenergies.com l @TotalEnergiesPR
Columbia Shipmanagement Contacts
Cautionary Note
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