CMA CGM Group and the energy company ENGIE have established a long-term strategic and industrial partnership to proceed with the energy transition in the shipping industry by accelerating the industrial-scale production and distribution of synthetic methane and liquefied biomethane (BioLNG).
Biomethane can reduce greenhouse gas emissions by 67% compared to VLSFO (Very Low Sulfur Fuel Oil) on a well-to-wake basis in the entire value chain, while synthetic methane is anticipated to significantly...