The
Maritime and Port Authority of Singapore (MPA) and the CMA CGM Group have
renewed a Memorandum of Understanding (MoU) to advance sustainable shipping and
innovation. This renewed partnership
builds on an earlier MoU signed in 2022 and underscores the shared commitment
to strengthening Singapore’s position as a premier maritime hub.
The
MoU was signed by Teo Eng Dih, Chief Executive of MPA and Rodolphe Saadé,
Chairman and Chief Executive Officer of the CMA CGM Group. Under the MoU, CMA
CGM plans to expand its fleet and vessel tonnage, adding more vessels under the
Singapore Registry of Ships, including four 23,000 TEU LNG vessels. This move reinforces Singapore’s position
as a maritime hub for CMA CGM and supports the company’s goal of achieving Net
Zero Carbon by 2050. In this regard, the CMA CGM Group has invested
nearly USD 20 billion to order LNG and methanol-powered ships and will have 153
ships capable of using low-carbon energies (biogas, biomethanol and synthetic
fuels) in its fleet by 2029.
To
support the transition to more sustainable fuels, CMA CGM will register and
bunker alternative-fuel vessels under the Singapore flag. With its expertise
and insights on alternative fuels, the company will also participate in
bunkering trials. Notably, CMA CGM Iron, the company’s first of 12 dual-fuel
methanol vessels, made its maiden call in Singapore in early March 2025,
marking an important step in CMA CGM’s efforts to adopt alternative fuels and
collaborate with Singapore on sustainable shipping initiatives.
MPA
and CMA CGM will explore pilot trials, including the test bedding of an online
registry for carbon accounting, and sharing best practices for zero and
near-zero emission marine fuels. Additionally, both parties will propose an
implementation plan to trial and pilot standards for efficient and secure data
exchange between ship and shore. CMA CGM will also engage in cybersecurity
initiatives with MPA to enhance digital security in maritime operations. The collaboration aims to strengthen the
maritime innovation ecosystem in Singapore by fostering close ties between CMA
CGM Group’s entities, such as ZEBOX Group, and local innovation platforms like
PIER71™.
CMA
CGM will also enhance its regional presence by expanding new intra-Asia
shipping services and leveraging Singapore as a regional transshipment hub.
The
partnership will further develop local talent through leadership programmes,
exchanges, internships, and scholarships. CMA CGM will work with the Maritime
Energy Training Facility (METF) to develop a seafarers’ training programme for
operating alternative fuel vessels. Announced in 2024, the METF focuses on
equipping the workforce with skills to handle new fuels like ammonia and
methanol, ensuring industry readiness for the transitions.
Teo
Eng Dih, Chief Executive of MPA, said, “This MoU marks a significant milestone
of our collaboration with CMA CGM and also demonstrates CMA CGM’s significant
support towards our shared vision to drive decarbonisation and digitalisation
and support manpower development within the maritime sector. By leveraging our collective expertise and
resources, we aim to create a more sustainable and innovative maritime
ecosystem.”
Rodolphe
Saadé, Chairman and Chief Executive Officer of the CMA CGM Group, added, “I am
pleased to renew our partnership with the Maritime and Port Authority of
Singapore, strengthening Singapore’s position as a key maritime hub for CMA CGM. Together, we will drive forward
innovative initiatives, particularly in the adoption of alternative fuels and
digitalisation to enhance efficiency and performance. This collaboration
reflects our commitment to leveraging top expertise to build a more resilient
and sustainable global trade.”