In a pioneering collaboration, A.P. Moller Maersk and CMA CGM, two prominent players in the shipping industry, have announced their partnership to advance decarbonization efforts. Both companies recognize the urgency of working together to facilitate the green transition in maritime transportation.
One of the key areas of collaboration will involve developing and implementing alternative greener fuels for container vessels. This includes setting high standards for sustainable, green fuels and analyzing their full lifecycle and related greenhouse gas emissions. The partnership will also focus on facilitating the mass production of green methane and green methanol.
The two shipping lines will work on establishing and maintaining standards for the operation of green methanol vessels, prioritizing safety and bunkering protocols. Additionally, efforts will be made to accelerate port readiness for the supply of bio/e-methanol, ensuring key ports around the world are equipped to support these sustainable fuel options.
Both A.P. Moller Maersk and CMA CGM have committed to achieving net-zero emissions for their shipping businesses. They have already made significant strides in promoting decarbonization. Maersk has been investing in bio/e-methanol-powered vessels and recently completed the maiden voyage of its first-ever container vessel powered by methanol.
Similarly, CMA CGM has been ordering LNG-propelled vessels that can operate on bio/e-methane, the green equivalent of current LNG. The company has also placed orders for vessels that can be operated on bio/e-methanol.
By combining their expertise and knowledge, Maersk and CMA CGM aim to accelerate the development of new solutions and technologies, facilitating the shipping industry’s achievement of its CO2 reduction targets. They welcome the participation of other companies in this collaborative effort.
While bio/e-methanol and LNG appear to be the most mature fuel options currently available, both companies anticipate the incorporation of other fuel streams in the future. Developing a diverse fuel mix will be crucial for meeting the shipping sector’s carbon-neutral goals.
The partnership between Maersk and CMA CGM underscores the need for flexibility and innovation in reducing emissions and exploring alternative fuel options in the shipping industry. As highlighted in DNV’s Maritime Forecast to 2050 report, the industry will face challenges in obtaining a sufficient quantity of carbon-neutral fuels. Adapting to new strategies and fuel choices will be essential for sustainable progress.
– A.P. Moller Maersk and CMA CGM collaboration announcement