The CMA CGM Group and ENGIE have committed to working together to advance the energy transition by championing the industrial-scale production and distribution of synthetic methane and bio-LNG that can be used by the shipping sector.. Both companies have decided to establish a long-term strategic and industrial cooperation focused on the production of decarbonized fuels.
An initial project to produce bio-LNG for shipping has already been launched by both groups at the Port of Marseille, in partnership with Métropole Aix-Marseille-Provence and TotalEnergies. ENGIE is leading further synthetic methane production industrial projects in which CMA CGM will have the possibility to invest, including by means of multi-year purchase commitments. These projects will harness various technologies, such as pyro-gasification or methanation using green hydrogen and captured CO2.
CMA CGM and ENGIE are investing in research and development with their industrial partners in order to find the energy sources of the future to enable the decarbonization of the shipping sector. In order to ensure the durability of the industry, the partnership will facilitate the sharing of both groups’ knowledge and R&D work, most notably in key technologies such as carbon capture and green hydrogen production. The alliance also covers the analysis of future regulations, as well as efforts to raise awareness of the benefits of bio-LNG and synthetic methane for the decarbonization of the shipping industry.
The dual fuel technology developed by CMA CGM and currently using LNG is already capable of using bio-LNG and synthetic methane. In this context, CMA CGM and ENGIE are joining forces to champion the production and distribution industry. Biomethane can reduce greenhouse gas (GHG) emissions by 67% compared to VLSFO (Very Low Sulfur Fuel Oil) on a well-to-wake basis (entire value chain). Synthetic methane, meanwhile, will eliminate the vast majority of GHG emissions.
In addition, the CMA CGM Group and ENGIE have been working together for several months as part of the Coalition for the energy of the future launched in late 2019 at the Assises de l’Économie de la Mer conference by Rodolphe Saadé and supported by French President Emmanuel Macron. They continue to collaborate within the Coalition to drive the development of energy sources and technologies of the future, to support new models of sustainable mobility and reduce the shipping and logistics industry’s climate impact.
Source: CMA CGM/Engie
