CMA CGM Group signed a groundbreaking Green Methanol Long-Term Supply Cooperation Agreement with SIPG Energy and Shanghai Electric Group. This strategic partnership is a significant step in building a sustainable green methanol supply chain and accelerating the global shipping industry’s energy transition.
Key Highlights of the Agreement
- Green Methanol Supply: Shanghai Electric Group will supply mid-to-long-term green methanol fuel to CMA CGM.
- Sustainable Logistics: SIPG Energy will oversee transportation from its Taonan production base to Shanghai Yangshan Port, the world’s largest container port.
- Decarbonization Acceleration: The deal strengthens Shanghai’s position as a regional green methanol bunkering hub, boosting its role in sustainable maritime trade.
CMA CGM’s Net Zero-Carbon Commitment
CMA CGM has set an ambitious goal of achieving Net Zero-Carbon by 2050. This collaboration is a crucial milestone toward greener shipping.
Milestone Achievement:
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Last month, CMA CGM IRON, the first dual-fuel methanol-powered vessel with a 13,000 TEU capacity, set sail.
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It is the first of 12 new dual-fuel methanol vessels planned for CMA CGM’s fleet.
This agreement represents more than just a collaboration—it is a bold commitment to advancing clean fuel solutions and revolutionizing maritime sustainability.
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Source: Xinde Marine News
