Abu Dhabi Future Energy Company PJSC – Masdar and CMA CGM Group, sea, land, air and logistics solutions provider, have signed a Strategic Supply Partnership (SSP), it has been announced.
This SSP will see the two companies explore entering long-term green maritime fuels offtake contracts to supply CMA CGM vessels.
Further, the partnership is aimed at sourcing, supplying and delivering green alternative fuels for CMA CGM’s dual-fuel vessels, commencing 2025 and following the incremental phase-in of the vessels until 2028, it was shared.
Looking ahead, the two shared they will continue discussions on future collaboration on green hydrogen and ammonia production.
Speaking about this announcement, Mohammad Abdelqader El Ramahi, Masdar Chief Green Hydrogen Officer, said: “As a pioneer in advancing the clean energy sector and a key enabler of the UAE’s vision as a global leader in sustainability and climate action, Masdar’s ambition is to be one of the leading players in the development of green hydrogen globally.”
Adding: “It is our belief that global maritime is one of the most strategic markets for green hydrogen and synthetic fuels are one of the fastest, most rewarding market segments. This agreement aligns with our “smart-first-mover” approach to deliver projects with strategic partners in the UAE and across the world.
Meanwhile, Christine Cabau Woehrel, CMA CGM Group Executive Vice President in charge of Assets and Operations, commented: “Shared ambitions for more sustainable transport and logisticsTo CMA CGM, the importance of the energy mix lies in our desire to be at the forefront of innovation for sustainable shipping. By being ‘energy agnostic’, we firmly believe in diversifying energy sources for our ships.”
“This approach enables us to explore and adopt a variety of energy solutions, whether Biomethane, E-methane, liquefied natural gas (LNG), hydrogen, electrification or other alternative fuels. Our goal is clear: to provide and offer reliable shipping services while reducing our environmental impact and actively contributing to a cleaner, more sustainable energy future for the marine industry,” she said.