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COPENHAGEN/MARSEILLE: A.P. Moller – Maersk A/S (Maersk) and CMA CGM are to advocate and develop the use of greener fuels in a bid to accelerate the decarbonisation of the maritime shipping industry.

Both companies say they want to work with other shipping lines and regulatory authorities in order to speed up the establishment of a sustainable greenhouse gas (GHG) global framework.

“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,” commented Maersk CEO Vincent Clerc. “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.”

The two companies say their joint initiative includes:

1. 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.

2. 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.

3. 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.

As respectively the No.2 and No.3 largest container shipping lines in the world, Maersk and CMA CGM have already ordered vessels that can be operated on bio/e-methanol and expect their cooperation will encourage the development of other power sources in the future.

“This partnership is a milestone for the decarbonisation of our industry,” declared CMA CGM chairman and CEO Rodolphe Saadé. “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,” he continued.
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