CMA CGM, Singapore port authority to collaborate on low carbon fuels

    • The MOU was signed by Mr Rodolphe Saadé, chairman and chief executive officer of the CMA CGM Group, and Ms Quah Ley Hoon, chief executive, MPA.
    • The MOU was signed by Mr Rodolphe Saadé, chairman and chief executive officer of the CMA CGM Group, and Ms Quah Ley Hoon, chief executive, MPA. PHOTO: MPA
    Published Fri, Jun 24, 2022 · 04:28 PM

    SHIPPING giant CMA CGM is collaborating with the Maritime and Port Authority of Singapore (MPA) to explore the use of low carbon fuels and green technologies, the MPA said on Friday (Jun 24).

    The 2 parties signed a Memorandum of Understanding (MOU) on Wednesday, the MPA said, which will see them explore the use of zero and low-carbon marine fuels, such as e-methanol, e-methane and biofuels for commercial shipping, as well as conduct research on technologies such as carbon capture solutions.

    "I am confident that this collaboration will contribute meaningful solutions to the industry's needs, strengthen the local marinetech ecosystem, and also build the maritime workforce capability in Singapore," said Quah Ley Hoon, MPA's chief executive.

    CMA CGM has ordered 16 vessels including 10 to be powered by liquefied natural gas (LNG) and 6 by methanol.

    As part of its collaboration with the MPA, CMA CGM will register 3 of these e-methane ready LNG-powered vessels under the Singapore flag.

    It already has 29 e-methane ready vessels in service and aims to have 77 by 2026. REUTERS

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