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CMA CGM looks to Middle East for green fuels with Masdar partnership

Abu Dhabi-based clean energy company Masdar and French shipping major CMA CGM have signed a strategic supply partnership (SSP) to explore opportunities for long-term green maritime fuels offtake contracts.

Michele Labrut, Americas Correspondent

February 2, 2024

2 Min Read
CMA CGM and Masdar partnership signing
Photo: Masdar

The partnership aims to source, supply, and deliver green alternative fuels for CMA CGM’s dual-fuel vessels in the port of Abu Dhabi.

The supply of alternative fuels will start in 2025 and follow the incremental phase-in of the vessels until 2028.

Masdar and CMA CGM agreed to continue to discuss extending their collaboration opportunities, potentially on green hydrogen and ammonia production.

CMA CGM has set ambitions for a 30% total emission reduction by 2030, and an 80% emission reduction by 2040 making the French company to accelerate its energy transition by integrating low-carbon fuels into its energy mix.

The cooperation with Masdar is expected to facilitate the deployment of CMA CGM’s new generation of dual-fuel ships ready to use biofuels and e-fuels based on methane and methanol, of which 35 are currently in fleet and 84 in order.

While Masdar aims to produce 1 million tonnes of green hydrogen by 2030.

“As a pioneer in advancing the clean energy sector and a key enabler of the UAE’s vision as a global leader in sustainability and climate action, Masdar’s ambition is to be one of the leading players in the development of green hydrogen globally,” said Mohammad Abdelqader El Ramahi, Masdar Chief Green Hydrogen Officer.

 “To CMA CGM, the importance of the energy mix lies in our desire to be at the forefront of innovation for sustainable shipping. By being ‘energy agnostic’, we firmly believe in diversifying energy sources for our ships,” commented Christine Cabau Woehrel, CMA CGM Group Executive Vice President in charge of Assets and Operations.

Related:CMA CGM chooses Beihai Shipbuilding for methanol retrofit project

“This approach enables us to explore and adopt a variety of energy solutions, whether Biomethane, E-methane, liquefied natural gas (LNG), hydrogen, electrification or other alternative fuels.”

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About the Author

Michele Labrut

Americas Correspondent

Michèle Labrut is a long-time Panama resident, a journalist and correspondent, and has continuously covered the maritime sector of Central & Latin America.

Michèle first came to Panama as a press attaché to the French Embassy and then returned to the isthmus as a foreign correspondent in the 1980s.

Author of Seatrade Maritime's annual Panama Maritime Review magazine and of several books, Michèle also wrote for Time magazine, The Miami Herald, NBC News and the Economist Intelligence Unit. She has also collaborated in making several documentaries for the BBC and European and U.S. television networks.

Michèle's profession necessitates a profound knowledge of the country, but her acumen is not from necessity alone, but a genuine passion for Panama.

In 2012 she was awarded the Order of Merit (Knight grade) by the French Government for her services to international journalism and in 2021 the upgrade to Chevalier grade.

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