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AP Moller-Maersk A/S (Maersk) and CMA CGM have decided to join forces on several areas relating to decarbonization, in full compliance with all laws and regulations.
Both carriers 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.
Specifically, both shipping lines will work more together to develop the use of alternative greener fuels for container vessel propulsion, according to a statement.
The two parties will work towards 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.
They will also look into 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.
The two parties will also continue 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.
" 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." says Rodolphe Saade, chairman and Chief Executive Officer of the CMA CGM Group.
"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. We are pleased to have an ally in CMA CGM and it's a testament that when we unite through determined efforts and partnerships, a tangible and optimistic path toward a sustainable future emerges," says Vincent Clerc, CEO at AP Moller-Maersk.
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