Apr 10 | 2021
(Europe) Carrier Says Shift Would Reduce CO2 Emissions by 67%
Ocean carrier CMA CGM Group, in its objective to become carbon-neutral by 2050, said it is supporting the production of 12,000 tonnes of biomethane, as the carrier pushes to develop this renewable green gas as a shipping fuel.
Biomethane is produced in part by the methanation of European-sourced organic and plant waste. As a fuel for vessels, the 12,000 tonnes of biomethane would provide the equivalent to a year’s supply of fuel consumption for two 1,400-TEU ships operating on CMA CGM’s European Balt3 line between St. Petersburg and Rotterdam, the carrier said.
CMA CGM intends to invest in biomethane production facilities and studying the viability of the liquefaction process, towards being a shipping fuel.
“The energy source represents a fine example of how the circular economy can work while benefiting the agricultural sector,” a spokesperson for the carrier said.
The CMA CGM Group said it cut its overall CO2 emissions by 4 percent in 20202, following a 6 percent reduction in 2019. The group has lowered its CO2 emissions per container-kilometer by 49 percent since 2008. With CMA CGM’s dual-fuel gas-power technology, it can reduce entire value chain greenhouse gas emissions, including CO2, by at least 67 percent.
“We have crossed a new step with the launch of the first low-carbon shipping offer based on biomethane,” said Rodolphe Saadé, chairman and CEO of the CMA CGM Group. “We know that there is still a long way to go to meet the commitments of the Paris Agreement. Achieving these goals do not rely on a single solution but on a set of initiatives and new technologies complimentary to each other.”
CMA CGM is an exhibitor at Breakbulk events.