CMA CGM and CATL Form Joint Venture for Green Vessels And Low-Carbon Solutions

CMA CGM and China’s Contemporary Amperex Technology Co (CATL) plan to set up a joint venture and promote green vessels and low-carbon solutions, reports Seatrade Maritime.

About the deal

The two parties have signed a cooperation agreement focusing on building comprehensive greenhouse gas emission reduction solutions and planned to establish a joint venture to meet the growing environmental protection needs, supporting energy transformation and industrial upgrading.

In addition, CMA CGM and CATL will deepen cooperation on electric ships, warehouse logistics, renewable energy, etc., to jointly promote the dual transformation of digitalization and green low-carbon.

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Source: Seatrade Maritime