CMA CGM has initiated a call for projects targeted at startups and businesses working on solutions to step up the pace of decarbonisation within all areas of the French shipping sector.
The company is offering €200m ($218.2m) out of its $1.5bn energy transition fund to all companies operating in the maritime industry in mainland France and the French overseas territories. The call for projects includes shipping, tourism and cruising, fishing and seafood products, infrastructure, naval and nautical industries and renewable energies.
CMA CGM said projects will be selected based on their concrete impact on the decarbonising of the French shipping industry, their maturity and their economic feasibility.
The five-year “Fund for Energies” was created by Rodolphe Saadé in September 2022 with the aim to accelerate CMA CGM’s energy transition in order to achieve net zero carbon by 2050.
Tags: CMA CGM, Decarbonisation, French Shipping, Funding
Recent Posts
Himachal Pradesh Plans Major Boost to Public Transport with E-Buses and Digital Upgrades
Ammonia-Fueled Container Feeder Design Marks Progress in Maritime Decarbonisation
ABS Develops Industry-Leading EV Battery Fire Simulation Modeling
Wilhelmsen Ships Service Joins the Maritime Battery Forum to Accelerate Maritime Electrification
Indian Student Team Wins Communication Prize at Monaco Energy Boat Challenge 2025
Babcock’s LGE Business Secures Contract for Marine Ammonia Fuel System to Advance Shipping Decarbonisation
Associated Terminals Deploys Liebherr’s All-Electric Cranes in Landmark Move Toward Cleaner Cargo Handling
Sanmar delivers fully electric emissions-free tug to major global operator Svitzer