CMA CGM, ENGIE partner to develop green shipping fuels
Together, the companies will work to advance the energy transition by championing the industrial-scale production and distribution of synthetic methane and bio-LNG.
The long-term strategic and industrial cooperation has the ambition to support the development of a synthetic methane production and distribution industry that can be used by the shipping sector.
An initial project to produce bio-LNG (liquefied biomethane) for shipping has already been launched by both groups at the Port of Marseille, in partnership with Total Energies and Metropole Aix-Marseille-Provence.
ENGIE Is leading further synthetic methane production industrial projects in which CMA CGM will have the possibility to invest, including through multi-year purchase agreements. These projects will harness a range of technologies, such as pro-gasification or methanation using green hydrogen and captured CO2.
LNG can reduce sulphur oxide emissions by 99%, fine particle emissions by 91% and nitrogen oxide emissions by 92% today. The CMA CGM Group currently accounts for 20 ‘e-methane ready’ vessels equipped with dual-fuel engines and running on LNG, and will have 44 ‘e-methane’ vessels by the end of 2024.
This ‘ground-breaking’ move helped to cut the CMA CGM Group’s overall carbon emissions by 4% in 2020, following on from a 6% reduction in 2019. The group has lowered its carbon emissions per container-kilometre by 49% since 2008.
The dual-fuel gas-power technology developed by CMA CGM and currently using LNG is already capable of using bio-LNG and synthetic methane.
Biomethane can reduce greenhouse gas (GHG) emissions by 67% compared to very low sulphur fuel oil on a well-to-wake basis (the entire value chain). Synthetic methane, meanwhile, can eliminate the vast majority of GHG emissions.