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MSC and CMA CGM Forge Alliance on “Green Corridors” for Sustainable Shipping Practices

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Home Maritime

MSC and CMA CGM Forge Alliance on “Green Corridors” for Sustainable Shipping Practices

The Logistic News by The Logistic News
October 28, 2024
in Maritime
Reading Time: 2 mins read
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MSC and CMA CGM Forge Alliance on “Green Corridors” for Sustainable Shipping Practices

Project cargo at the port of Sines

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Mediterranean Shipping Company (MSC) and CMA CGM have recently joined forces to establish “green corridors” that aim to reduce the carbon footprint of shipping on key trade routes. This collaboration between two of the largest players in the ocean cargo industry is a bold step toward addressing the environmental impact of maritime logistics and supporting the industry’s commitment to sustainability goals. The “green corridors” primarily focus on high-traffic trans-Pacific and Asia-Europe routes, where carbon emissions are typically highest due to the significant shipping volumes and distances involved.

The new corridor initiative involves adopting low-emission fuels such as biofuels, hydrogen, and liquefied natural gas (LNG), as well as integrating cutting-edge energy-efficient technologies into their fleets. MSC has already made strides in this direction by incorporating LNG-powered vessels into its operations, and CMA CGM has followed suit with a fleet of LNG-capable ships expected to join its ranks by 2025. This shift aligns with each company’s sustainability strategy, which includes reducing greenhouse gas emissions in line with the International Maritime Organization’s targets for 2030 and beyond.

MSC’s CEO Soren Toft noted, “These green corridors represent a shift in how we view the responsibility of global shipping. Reducing emissions on such a large scale requires collaboration and commitment from across the industry.” Rodolphe Saadé, CEO of CMA CGM, added, “Sustainability is essential not only for our industry but for global trade itself. This alliance allows us to lead by example, ensuring that economic growth aligns with environmental responsibility.”

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The “green corridors” initiative marks a new chapter in sustainable shipping, potentially encouraging other industry players to adopt similar eco-friendly measures. As MSC and CMA CGM move forward with these ambitious sustainability projects, they are setting a precedent for the maritime sector’s future, which could result in substantial reductions in overall maritime emissions, improved regulatory compliance, and enhanced brand reputations for companies prioritizing sustainability.

 

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