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Displaying items by tag: Joint partnership

Danish and French shipping giants, A.P. Moller - Maersk A/S and CMA CGM have decided to join forces on several areas relating to decarbonization, in full compliance with all laws and regulations.

As frontrunners of the energy transition in shipping, both companies are convinced that joint action will help accelerating the green transition in shipping, learning from each other to go further and faster.

CMA CGM and Maersk have set a net-zero target for their shipping business, have identified scalable solutions that can create impact in this decade, and have already individually taken ambitious paths on promoting decarbonization for shipping.
Maersk has been ordering vessels that can be operated on bio/e-methanol.

The French company, CMA CGM has been ordering LNG-propelled vessels, that can also be operated on bio/e-methane, the new green equivalent of current LNG, and has also placed orders for vessels that can be operated on bio/e-methanol.

While these two fuel streams appear now as the most mature among existing solutions, both companies expect the future fuel mix of shipping will include other streams that should be developed in the coming years.

An ambitious collaboration to develop the future of fuels for the shipping industry

Specifically, both shipping lines will work more together to develop the use of alternative greener fuels for container vessel propulsion, namely:

• Developing high standards for alternative sustainable, green fuels – including the analysis of full lifecycle and related greenhouse gasses – and helping to setting the framework of mass production of green methane and green methanol.

• Developing and maintaining standards for operation of green methanol vessels with regards to safety and bunkering, as well as accelerating port readiness for bunkering and supply of bio/e-methanol at key ports around the world.

• Continuing to explore jointly R&D on other components of the net zero solution as new alternative fuels, like ammonia, or innovation technology for our ships.

Two leading shipping companies to push advocacy together for the energy transition of the industry.

Moreover, Maersk and CMA-CGM both agree to the fundamental role of regulation in securing the decarbonization of the sector. Both companies warmly welcome the outcome of the recent Marine Environment Protection Committee of the International Maritime Organization during which the IMO’s 2023 strategy for reducing GHG Emissions from Ships was adopted, with reinforced targets to tackle harmful emissions.

Maersk and CMA CGM remain committed to jointly advocating for and encouraging IMO Member States to adopt ambitious measures in their pursuit of the highest attainable goals. Regional measures such as the EU Fit for 55 and the Inflation Reduction Act in the US are welcomed by both companies to help stimulate demand for green shipping solutions.

CMA CGM and Maersk affirm their readiness to collaboratively engage with regulatory stakeholders in establishing a robust and sustainable international regulatory GHG framework and invite other international shipping lines who so wish to join them in this cooperation with the regulatory institutions. Such a framework is in both our companies’ perspective a prerequisite to reducing carbon emissions for the shipping industry and securing a level-playing field for a global business environment.

This partnership is a milestone for the decarbonization of our industry. By combining the know-how and the expertise of two shipping leaders, we will accelerate the development of new solutions and technologies, enabling our industry to reach its CO2 reduction targets. We are looking forward to being joined by other companies, said Rodolphe Saadé, Chairman and Chief Executive Officer of the CMA CGM Group.

A.P. Moller - Maersk wants to accelerate the green transition in shipping and logistics and to do so, we need strong involvement from partners across the industry. We are pleased to have an ally in CMA CGM and it’s a testament that when we united through determined efforts and partnerships, a tangible and optimistic path toward a sustainable future emerges, said Vincent Clerc Chief Executive Officer at A.P. Moller – Maersk

Published in Ports & Shipping

Ferry operator P&O is joining forces with Finnlines (see Rosslare expansion) to boost the flow of trade between Belgium and the UK by introducing new sailings on the Zeebrugge-Teesport route.

In response to increased customer demand, P&O Ferries will charter Finnlines’ ro-ro vessel MS Finnpulp for three days a week under a new services agreement. This move will increase the overall number of P&O Ferries sailings to six and give customers more options on the key trading route between Britain and mainland Europe.

Peter Hebblethwaite, Chief Executive of P&O Ferries, said: “We are delighted to announce that in co-operation with Finnlines we will support the UK and European economies by increasing freight capacity and strengthening resilience on the key Teesport – Zeebrugge route. This expansion of our services in response to what our customers are telling us they want demonstrates our commitment to providing vitally important trade routes for UK exporters and trading partners.”

“We have made changes to our business so that we can flex our offer in line with market demand and are now focused on growth. We are determined to make P&O Ferries the best ferry company in Europe, which means the best ships, the best routes and the best value for tourist and freight customers.”

Tom Pippingsköld, President and CEO of Finnlines Plc, added: “We have been pleased by our partnership in Zeebrugge since September 2021 and are delighted to strengthen it further by this contract. We are confident this will be a new and successful milestone for Finnlines and P&O Ferries co-operation on the North Sea.”

From 28th February the new sailings began, and operating on Tuesdays to Thursdays, ensuring freight customers will have an increased level of capacity during the midweek peak. MS Finnpulp has a capacity for 3,259 lane metres of cargo, equivalent to around 225 trailers.

On its return to Zeebrugge, the vessel will be discharged and loaded for Finnlines’ service between Zeebrugge and Rosslare Europort, Ireland. As part of the freight services partnership, P&O Ferries will also provide stevedoring and ship handling services for Finnlines’ Zeebrugge-Rosslare route.

P&O Ferries also operates routes between Zeebrugge and Tilbury and Zeebrugge and Hull respectively, giving it the most comprehensive North Sea coverage of any ferry operator.

Published in Rosslare Europort