Skuld, the Norwegian-based marine insurance provider with an office in Bermuda, has announced its participation as mission partner in a global initiative to decarbonise the maritime industry.

Skuld has joined the Maersk Mc-Kinney Moller Center for Zero Carbon Shipping as part of the insurer’s stated intention to protect ocean industries.

The centre, based in Copenhagen but operating globally, was founded in 2020 and comprises corporate partners across multiple industries all sharing the vision of carbon-zero operations in their commitment to collaborative climate action.

Ståle Hansen, Skuld president and CEO, said: “Sustainability is an essential part of Skuld’s strategy, culture and identity.

“As a membership organisation we are frequently contacted for advice on decarbonisation and this partnership with MMMC will further support and promote our common goal of securing and providing tomorrow’s zero-carbon shipping solutions.

“The zero-carbon centre is a world-leading initiative supported by some of the biggest names in the marine sector, and we are delighted to be able to support it.”

Tanja Dalgaard, head of partnerships, funding and commercialisation at MMMC, said: “We are happy to welcome Skuld to our group of mission partners.

“The mission partnership model is offered to companies and organisations across the shipping value chain that share our ambition of a decarbonised maritime industry and would like to be closely connected to the centre’s work through a formalised network and information flow.”

Skuld caters to the needs of shipowners, the offshore and energy sector, charterers and traders and the superyacht community.

Established in 1897 as a P&I club for Scandinavian shipowners, Skuld has grown into a diversified marine insurer and now offers bespoke covers through Skuld P&I and Skuld Hull.

The company is headquartered in Norway, and also has offices in Bermuda, Denmark, Germany, Hong Kong, United Kingdom, United States, Greece, and Singapore.

The Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping is a not-for-profit, independent research and development centre working with industry players across the energy and shipping sectors to mature viable decarbonisation pathways for shipping globally.