Maersk and CMA CGM have announced a partnership to accelerate the decarbonisation of the shipping industry by setting a net-zero target for their respective businesses.
The development by the Danish and French lines, the world’s second and third biggest carriers by capacity, is widely regarded as one of the most ambitious undertakings towards CO2-free shipping.
Both Maersk and CMA CGA has said they will now work together to develop the use of alternative greener fuels for container vessel propulsion.
The partnership will focus on the following areas:
- Developing high standards for alternative sustainable, green fuels, including the analysis of full lifecycle and related greenhouse gases, and helping to set 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 joint research and development on other components of the net-zero solution as new alternative fuels like ammonia or innovation technology for ships.
Maersk and CMA CGA believe that joint action will help accelerate the green transition in shipping, learning from each other to go further and faster.
They also welcome the outcome of the recent Marine Environment Protection Committee of the International Maritime Organization during which the UN body’s strategy for reducing greenhouse gas emissions from ships was adopted, with reinforced targets to tackle harmful emissions.
