CMA CGM, COSCO, Maersk, ONE sign up for green corridor

A partnership between ports, carriers, and cargo owners has published an outline of a Green Shipping Corridor Implementation Plan which will accelerate emissions reductions on one of the world’s busiest container shipping routes across the Pacific Ocean. As part of the historic plan, the carrier partners will begin deploying reduced or zero lifecycle carbon capable

CMA CGM, Maersk join forces to accelerate the decarbonization

A.P. Moller – Maersk A/S (Maersk) and CMA CGM have decided to join forces on several areas relating to decarbonization, in full compliance with all laws and regulations. As frontrunners of the energy transition in shipping, both companies are convinced that joint action will help accelerating the green transition in shipping, learning from each other

Wärtsilä LNG Fuel Gas Supply Systems continue to be the choice for CMA CGM

Technology group Wärtsilä will supply the LNG Fuel Gas Supply (FGSS) systems for four new 23k TEU container vessels being built for France based operator CMA CGM at the Hudong Zhonghua Shipbuilding yard in China. This latest order, which was booked as order intake by Wärtsilä in Q2, 2023, represents a continuation of Wärtsilä’s supply

Melbourne explores methanol bunkering hub with Maersk, CMA CGM

A project to explore developing a methanol bunkering hub at Australia’s Melbourne port is being supported by shipping companies including Maersk and Svitzer as well as CMA CGM’s ANL subsidiary. It is the first effort in Australia and joins projects in other parts of the world that look toward developing the infrastructure that will be

CMA CGM orders methanol and LNG powered boxships

French carrier CMA CGM has placed orders for 16 dual-fuel containerships at China State Shipbuilding Corporation (CSSC) in a record deal worth around $3.06bn. The world’s third-largest liner has booked a dozen methanol powered 15,000 teu units and a quartet of 23,000 teu LNG-fuelled ships in what is being called the biggest order for large

Major shipping lines up further orders

Maersk Broker is reporting CMA CGM and Hapag-Lloyd have approached several Korean yards for 10 and six 4,000 teu methanol dual-fuel vessels with Hyundai Mipo Dockyard deemed the frontrunner. In China, meanwhile, Maersk Broker is reporting COSCO is lining up a new series of 16,000 teu methanol dual-fuel ships at affiliated yards. Last year in

Hyundai Samho bags 12 methanol-fuelled boxships order

Hyundai Samho in South Korea has announced a $2.05bn order for 12 methanol-propelled large boxships – all due for delivery by the end of 2026. The yard did not reveal the identity of the owner, with Splash tipping CMA CGM and Maersk as likely repeat customers for this comparatively new method of propulsion. Analysis from

CMA CGM offers transition fund to startups for decarbonisation

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

France to increase expenditure on zero-carbon ships development

France’s secretary of state in charge of maritime affairs, Hervé Berville, has set aside €300m ($302m) under the government’s France-Mer 2030 plan to get the country closer to building zero-emissions vessels. While only 12% of the ships used in France are built in the country, compared to 80% in 1980, Berville stressed at a conference

CMA CGM invests in clean hydrogen infrastructure fund

CMA CGM has joined what is said to be the world’s first and largest infrastructure fund to invest exclusively in the entire clean hydrogen value chain. Fund manager Hy24 Partners, a joint venture between clean hydrogen investment firm FiveT Hydrogen and European private equity firm Ardian, has closed €2bn ($1.94bn) of allocations with CMA CGM