Business

CMA CGM unveils low carbon offer

Transport and logistics major CMA CGM Group said it is supporting the production of 12,000 tonnes of biomethane (equivalent to a year’s fuel consumption of two 1,400-TEU ships).

The transport and logistics major said this was an another milestone in its efforts to become carbon-neutral by 2050.

“We have crossed a new step with the launch of the first low-carbon shipping offer based on biomethane,” said Rodolphe Saade, chairman and CEO.

“We know that there is still a long way to go to meet the commitments of the Paris Agreement. Achieving these goals do not rely on a single solution but on a set of initiatives and new technologies complimentary to each other.”

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Printable version | May 8, 2021 4:53:18 AM | https://www.thehindu.com/business/cma-cgm-unveils-low-carbon-offer/article34285044.ece

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