SIMIC

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.

The partnership also covers the analysis of future regulations, as well as efforts to raise awareness of the benefits of BioLNG and synthetic methane for the decarbonisation of the shipping industry and points out liquefied natural gas (LNG) can reduce today's sulphur oxide emissions by 99 per cent, fine particle emissions by 91 per cent and nitrogen oxide emissions by 92 per cent.

CMA CGM currently has 20 'e-methane ready' vessels equipped with dual-fuel engines and running on LNG and will have 4 e-methane vessels by year-end 2024. The group claims that its policies have helped to cut the group's overall carbon emissions by four per cent in 2020, following on from a six per cent reduction in 2019. The group has lowered its carbon emissions per container-kilometre 49 per cent since 2008.

The dual-fuel gas-power technology developed by CMA CGM and currently using LNG is already capable of using BioLNG 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 emissions by 67 per cent compared to VLSFO (Very Low Sulphur Fuel Oil) on a well-to-wake basis (entire value chain). Synthetic methane, meanwhile, will eliminate the vast majority of greenhouse gas emissions.