The CMA CGM Group (CMA CGM) and the Maritime and Port Authority of Singapore (MPA) have initiated a collaboration to promote decarbonisation, digitalisation, and innovation across the maritime industry.
The parties signed a Memorandum of Understanding (MoU) on 22 June at the presence of Rodolphe Saadé, Chairman and Chief Executive Officer of the CMA CGM, and Quah Ley Hoon, Chief Executive, MPA.
CMA CGM and MPA said they will explore the use of zero and low-carbon marine fuels such as e-methanol, e-methane, and biofuels for commercial shipping to decarbonisation.
“Decarbonisation, digitalisation, and innovation are strategic priorities for CMA CGM and the entire shipping industry,” said Rodolphe Saadé.
“Given Singapore’s key position in our global network, I am very pleased to sign this partnership with the Maritime and Port Authority. It will allow us to address the challenges ahead and strengthen our existing strong ties with Singapore, its industries and its digital ecosystem, while reflecting our attachment to this country.”
The MoU also comprises collaboration opportunities for digitalisation. These include maritime cybersecurity and just-in-time shipping, achieved through secure and seamless data exchanges for port and cargo documentation and reporting.
Both companies said they will further work together on innovations such as shipboard automation for more safety, efficiency and smarter solutions onboard vessels.
“We are happy to work with a like-minded partner like CMA CGM who shares our bold ambitions to make international shipping more sustainable and resilient, and who which also believes in taking pragmatic and concrete steps towards these aspirations,” added Quah Ley Hoon.
“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.”
In addition, CMA CGM ordered 10 dual fuel LNG-powered vessels and 6 dual fuel methanol-powered vessels. Three of these LNG vessels, which will also be e-methane ready, will be registered under the Singapore flag.
As CMA CGM advances to be a net zero carbon company by 2050, the group recently joined the Jupiter 1000 industrial demonstrator project piloted by GRTgaz to provide solutions to the challenge of decarbonising gas networks.