Danish A.P. Moller – Maersk and CMA CGM Group led-by Rodolphe Saadé, a global player in shipping and logistics, join forces on several areas relating to decarbonization.
The two leading shipping companies will work together to develop the use of alternative greener fuels for container vessel propulsion.
By learning from each other, the two shipping giants Maersk and CMA CGM, will work together to develop the use of alternative greener fuels for container vessel propulsion.
The two companies said they will jointly analyse green fuels including full lifecycle and related greenhouse gases, as well as helping to set the framework of mass production of green methane and green methanol.
The pair also aim to develop and maintain standards for operation of green methanol vessels with regards to safety and bunkering, as well as accelerating port readiness for bunkering and supply of bio/e-methanol at key ports around the world.
Both shipping lines will also be looking at new alternative fuels, like ammonia, or innovation technology for their ships.
Maersk already has been ordering vessels that can be operated on bio/e-methanol.
On the other hand CMA CGM has been ordering LNG-propelled vessels, that can also be operated on bio/e-methane, the new green equivalent of current LNG, and has also placed orders for vessels that can be operated on bio/e-methanol.
The two companies also invite other international shipping lines who so wish to join them in this cooperation with the regulatory institutions, whilst they affirm their readiness to collaboratively engage with regulatory stakeholders to secure the decarbonization of the sector.
Rodolphe Saadé, chairman and chief executive of CMA CGM Group believes that “This partnership is a milestone for the decarbonization of our industry. By combining the know-how and the expertise of two shipping leaders, we will accelerate the development of new solutions and technologies, enabling our industry to reach its CO2 reduction targets. We are looking forward to being joined by other companies.”
Vincent Clerc, chief executive at A.P. Moller – Maersk noted that “A.P. Moller – Maersk wants to accelerate the green transition in shipping and logistics and to do so, we need strong involvement from partners across the industry. We are pleased to have an ally in CMA CGM and it’s a testament that when we united through determined efforts and partnerships, a tangible and optimistic path toward a sustainable future emerges.”
