Masdar to supply green fuels for CMA CGM’s dual-fuel vessels

  • Date: 30-Jan-2024
  • Source: GCC Business News
  • Sector:Oil & Gas
  • Country:UAE
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Masdar to supply green fuels for CMA CGM’s dual-fuel vessels

Abu Dhabi Future Energy Company (Masdar), one of the world’s leading renewable energy companies, and CMA CGM Group, a global player in sea, land, air and logistics solutions, have signed a Strategic Supply Partnership (SSP) to explore a long-term green maritime fuels offtake contracts to supply CMA CGM vessels. The aim of the partnership is […]Abu Dhabi Future Energy Company (Masdar), one of the world’s leading renewable energy companies, and CMA CGM Group, a global player in sea, land, air and logistics solutions, have signed a Strategic Supply Partnership (SSP) to explore a long-term green maritime fuels offtake contracts to supply CMA CGM vessels.

The aim of the partnership is to source, supply and deliver green alternative fuels for CMA CGM’s dual-fuel vessels, starting in 2025 and following the incremental phase-in of the vessels until 2028. Masdar and CMA CGM will also continue to discuss extending their collaboration opportunities, potentially on green hydrogen and ammonia production.

Mohammad Abdelqader El RamahiChief Green Hydrogen Officer – Masdar

“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