CMA CGM Group and SUEZ signed a memorandum of understanding (MOU) on 18 October to develop the production of biomethane in Europe and the low-carbon transition of maritime transport.
The aim of this collaboration is to establish a long-term industrial partnership on biomethane, a renewable fuel produced through waste recovery, to help decarbonise shipping in Europe.
The MOU sets out three main areas of collaboration:
- The supply by SUEZ of up to 100,000 tonnes of biomethane per year by 2030. This biomethane would be used by the Group for its gas-powered ships, thereby contributing to the decarbonisation of maritime transport.
- The creation of a joint investment structure with an initial funding of 100 million euros for a first stage by 2030 to develop biomethane production facilities. These sites, initially located in Europe, would supply both CMA CGM Group and other players in the sector.
- Joint research and development (R&D) initiatives aimed at designing innovative technologies for the production of biofuels, in particular via a hydrothermal gasification process.
CMA CGM Group, engaged in the energy transition of shipping and logistics, has set itself the goal of achieving Net Zero Carbon by 2050.
On the other hand, SUEZ has extensive expertise in the production of local and sustainable energy and secondary raw materials from waste to support the decarbonisation of local authorities and industrial customers.
The strategic partnership between CMA CGM and SUEZ, one of France’s leading players in the energy transition, marks a major step forward. It will enable us to support the biomethane sector dedicated to the shipping industry, while accelerating the decarbonisation of CMA CGM Group and guaranteeing our carbon neutrality trajectory by 2050. This project also strengthens our energy independence, a key asset for the sovereignty of France and Europe.
…said Rodolphe Saadé, Chairman and CEO of CMA CGM Group.