CMA CGM Cuts its CO2 Emissions by 4% in 2020

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WMN..French container shipping major CMA CGM reduced the overall emissions of its fleet by 4% in 2020 compared to 2019, the company said in its annual report for 2020.
Since 2008, the group has reduced its CO2 emissions by 49% (TEU-km), in line with its objective of reaching -50% emissions by 2030.
This reduction is aligned with the group’s target of becoming carbon neutral by 2050 and increasing the share of alternative fuels consumed to 10% by 2023.
CMA CGM has ascribed the result in part to its switch to LNG as fuel as part of its energy transition. Namely, the company has set a target of owning a fleet of 32 LNG-powered container ships by the end of 2022.
The French major expects to take delivery of 13 newbuild LNG-powered ships to meet the target…reports World Maritime News.
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