CMA CGM and Total have joined forces in their bid to prepare for the latest and upcoming environmental regulations.
The French liner company and the oil giant have inked a memorandum of understanding for the provision of multi-fuel solutions.
Total will supply CMA CGM with fuel oil with a sulphur content of 0.5%, or 3.5% for ships equipped with exhaust gas cleaning systems or scrubbers.
The two companies will also pay more attention to LNG as Total is the latest member to join newly established industry association SEA/LNG.
Rodolphe Saade, vice chairman of CMA CGM, said: “With the signature of this MoU, CMA CGM is continuing the sustainable development process begun several years ago.
“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.”
Shipping fuel regulations have become stricter over the past 18 months while more measures will be implemented in the future.
Patrick Pouyanne, chief executive of Total, said: “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.”
The two companies said this deal is part of their ongoing efforts to reduce the footprint of shipping through even more environmentally responsible solutions.
