CMA CGM and MAERSK team up in decarbonization effort

Maersk Group of Denmark and the French carrier group CMA CGM have decided to join forces in the field of shipping decarbonization.

The global number two and three in terms of fleet size have both set a net-zero target for their shipping business. Maersk and CMA CGM have now jointly identified scalable solutions that can create impact in this decade.

Maersk already has numerous methanol dual-fuel ships in its orderbook and the carrier has formally named its first ‘green’ container ship this past weekend at Copenhagen.

CMA CGM meanwhile initially placed its bets on LNG-propelled vessels, but the company has since diversified its decarbonization approach and placed newbuilding orders for methanol dual-fuel ships in addition to its LNG tonnage.

While these two fuel streams appear now as the most mature among existing solutions, both companies expect the future fuel mix of shipping will include other streams that should be developed in the coming years. These might include alternative fuels such as ammonia or hydrogen.

Excerpt from Alphaliner News

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