CMA CGM and leading international oil and gas company Total, have signed a three-year memorandum of understanding to better prepare for stricter fuel regulations in the shipping industry, and further reduce the sector’s footprint by developing solutions that make container ships more environmentally friendly.
Total will support CMA CGM by becoming its multifuel supplier and provide a comprehensive range of solutions. “As a global integrated energy producer and provider present across the oil and gas value chain, we aim to offer our customers a range of multifuel solutions to meet their different needs,” stated Patrick Pouyanné, Chairman and Chief Executive Officer of Total. “The new regulations require both marine fuel suppliers and shipping industry stakeholders to adapt quickly. That is why we are working hand in hand with CMA CGM, a long-standing partner.”
“With the signature of this MoU, CMA CGM is continuing the sustainable development process begun several years ago,” commented Rodolphe Saadé, Vice Chairman of CMA CGM. “The solutions offered by Total will enable us to further minimize the environmental impact of the Group’s activities and is a next step in building a more environmentally conscious shipping industry.”