The two leading shipping companies will work together to develop the use of alternative greener fuels for container vessel propulsion
AP Moller–Maersk and CMA CGM have announced that they have joined forces on several areas relating to decarbonisation, in full compliance with all laws and regulations.
The companies said that they were convinced that joint action would help accelerate 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 decarbonisation for shipping.
Maersk has been ordering vessels that can be operated on bio/e-methanol, while 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 the most mature among existing solutions, the companies said that the future fuel mix of shipping would include other streams that should be developed in the coming years.
Specifically, both shipping lines said they would work more together to develop the use of alternative greener fuels for container vessel propulsion.
Moreover, Maersk and CMA-CGM agreed to the fundamental role of regulation in securing the decarbonisation of the sector.
”This partnership is a milestone for the decarbonisation of our industry,” said Rodolphe Saadé, chairman and chief executive officer of the CMA CGM Group.
“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,” he said. ”We are looking forward to being joined by other companies.”
”AP 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,” said Vincent Clerc, chief executive officer at Maersk.
”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.”