The LNG-powered CMA CGM Jaques Saad in Singapore, October 12, 2020. Photo courtesy CMA CGM
French shipping group CMA CGM has launched a call for projects from companies working to help the maritime industry accelerate its decarbonization.
A total of €200 million will be made available for the projects. The funding is backed by the CMA CGM Fund for Energies, the R&D fund launched by CMA CGM last year to support industrial production of alternative fuels as well as low-emission technologies to help decarbonize the shipping sector. The fund will commit a total €1.5 billion over five years.
CMA CGM has has pledged to be Net Zero Carbon by 2050.
The call for projects is open to all “blue economy” startups and businesses operating in France and its overseas territories, including in the areas of shipping, tourism and cruising; fishing and seafood products; infrastructure; naval and nautical industries; and renewable energies.
CMA CGM will be taking applications starting on January 30. More details can be found here: https://decarbonation.cma-cgm.com/page-accueil
Join the gCaptain Club for curated content, insider opinions, and vibrant community discussions.
Join the 105,337 members that receive our newsletter.
Have a news tip? Let us know.
Chantier Davie Canada Inc., aka Davie Shipbuilding, has secured its first contract under Canada’s National Shipbuilding Strategy (NSS). The contract, awarded by the Canadian Government, involves the design of a...
The International Maritime Organization’s Marine Environment Protection Committee has approved the establishment of two new Emission Control Areas (ECAs) in Canada’s Arctic waters and the Norwegian Sea. The ECAs, proposed...
By Mike Wackett (The Loadstar) – Japanese carrier ONE and Taiwan’s Yang Ming today issued a transpacific network update to apply following the departure of Hapag-Lloyd from THE Alliance (THEA) next...
Access exclusive insights, engage in vibrant discussions, and gain perspectives from our CEO.
Sign Up
Maritime and offshore news trusted by our 105,337 members delivered daily straight to your inbox.
Essential news coupled with the finest maritime content sourced from across the globe.
Sign Up
Join The Club
