CMA CGM and Maersk join forces to accelerate the decarbonization of the shipping industry
A.P. Moller – Maersk and CMA CGM have decided to join forces on several areas relating to decarbonization, in full compliance with all laws and regulations.
As frontrunners of the energy transition in shipping, both companies are convinced that joint action will help accelerating the green transition in shipping, learning from each other to go further and faster. CMA CGM and Maersk have set a net-zero target for their shipping business, have identified scalable solutions that can create impact in this decade, and have already individually taken ambitious paths on promoting decarbonization for shipping. Maersk has been ordering vessels that can be operated on bio/e-methanol.
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.
While these two fuel streams appear now as the most mature among existing solutions, both companies expect the future fuel mix of shipping will include other streams that should be developed in the coming years.
Specifically, both shipping lines will work more together to develop the use of alternative greener fuels for container vessel propulsion, namely:
- Developing high standards for alternative sustainable, green fuels – including the analysis of full lifecycle and related greenhouse gasses – and helping to setting the framework of mass production of green methane and green methanol
- Developing and maintaining 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
- Continuing to explore jointly R+D on other components of the net zero solution as new alternative fuels, like ammonia, or innovation technology for our ships