Shipping major expects to be carbon neutral by 2050

French shipping line CMA CGM has set ambitious new targets to reduce its carbon footprint.

According to chairman and CEO Rodolphe Saadé, the line’s energy supplies will include 10% alternative fuels by 2023 and its objective is to be carbon neutral by 2050.

“This is a new step for our Group, which is on track to reduce by 40% its CO2 emissions per tonne transported per km by 2030, a target set by the International Maritime Organization (IMO).

“In 2019, we reduced our total CO2 emissions by 6%.”

This year will see the launch of the line’s new 23 000-TEU LNG-powered vessels.

“They will reduce greenhouse gas emissions around 20%, and lead to the suppression of almost all sulphur and fine particle emissions,” he said.