CMA CGM to Invest 200 Million Euros in New Carbon Emission Reduction Projects in the Shipping Industry

Written by Ruth Rodrigues

Published on 31/01/2023 at 13:00

Foto: CMA CGM

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The Company Launched a Public Call for Companies That Are Interested in Contributing to the Reduction of Carbon Emissions in the French Maritime Industry. CMA CGM Will Invest €200 Million in the Projects Over the Next Years.

The French multinational CMA CGM is focusing on the decarbonization scenario of the maritime industry. The company is preparing around €200 million in investments aimed at carbon emission reduction projects in the sector. It is inviting startups and new companies to contribute to its ventures in the field, aiming to accelerate the energy transition of the French market in the coming years.

Learn More About CMA CGM

CMA CGM Launches Public Call for Carbon Emission Reduction Projects in the Maritime Industry and Prepares for the French Energy Transition

The container shipping giant CMA CGM is preparing for the strong growth of the energy transition in the European market over the coming years.

It has launched a public call for carbon emission reduction projects in the operations of the sector, aiming for innovative initiatives for the field.

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Company’s Investment Initiative in Carbon Emission Reduction Projects in the Maritime Industry Will Receive Public Support

CMA CGM will receive support from the French State for the development of the initiative regarding the new projects for the maritime industry.

In collaboration with the French State Secretariat for the Sea and various public sector organizations involved in the France 2030 plan, the company will continue the initiative throughout 2023.

The special fund of CMA CGM, supported by a budget of US$ 1.5 billion over five years, has been allocated to new research and innovation projects in the French maritime industry.

The company has been heavily investing in decarbonization initiatives across sectors over the last few months.

For example, in June 2022, following in Maersk’s footsteps, CMA CGM placed its first order for vessels powered by methanol, aiming at reducing carbon emissions.

With the new investments planned for carbon emission reduction projects in the maritime industry, CMA CGM is preparing for an even cleaner future.

CMA CGM to Invest 200 Million Euros in New Carbon Emission Reduction Projects in the Shipping Industry

The Company Launched a Public Call for Companies That Are Interested in Contributing to the Reduction of Carbon Emissions in the French Maritime Industry. CMA CGM Will Invest €200 Million in the Projects Over the Next Years.

Learn More About CMA CGM

CMA CGM Launches Public Call for Carbon Emission Reduction Projects in the Maritime Industry and Prepares for the French Energy Transition

Company’s Investment Initiative in Carbon Emission Reduction Projects in the Maritime Industry Will Receive Public Support

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CMA CGM to Invest 200 Million Euros in New Carbon Emission Reduction Projects in the Shipping Industry

The Company Launched a Public Call for Companies That Are Interested in Contributing to the Reduction of Carbon Emissions in the French Maritime Industry. CMA CGM Will Invest €200 Million in the Projects Over the Next Years.

Learn More About CMA CGM

CMA CGM Launches Public Call for Carbon Emission Reduction Projects in the Maritime Industry and Prepares for the French Energy Transition

Company’s Investment Initiative in Carbon Emission Reduction Projects in the Maritime Industry Will Receive Public Support

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