The Maritime and Port Authority of Singapore (MPA) and the CMA CGM Group have renewed their commitment to sustainable shipping through a new Memorandum of Understanding (MoU). This partnership aims to enhance innovation in the maritime sector and support the transition to alternative fuels, reinforcing Singapore’s position as a key maritime hub.
Key Takeaways
- Renewal of MoU between MPA and CMA CGM to promote sustainable shipping.
- CMA CGM to expand its fleet with LNG-powered vessels registered under Singapore.
- Investment of nearly $20 billion in low-carbon energy ships by CMA CGM.
- Collaboration on pilot trials for carbon accounting and cybersecurity initiatives.
Details of the MoU
The renewed MoU was signed by Teo Eng Dih, Chief Executive of MPA, and Rodolphe Saadé, Chairman and CEO of CMA CGM. This agreement builds on a previous MoU established in 2022, emphasizing both parties’ dedication to advancing sustainable shipping practices.
Under the terms of the MoU, CMA CGM plans to:
- Expand its fleet: The company will add more vessels under the Singapore Registry of Ships, including four 23,000 TEU LNG-powered vessels currently under construction.
- Invest in alternative fuels: CMA CGM has committed nearly $20 billion to order ships powered by LNG and methanol, aiming to have 153 vessels capable of using low-carbon energies by 2029.
Sustainable Shipping Initiatives
CMA CGM’s commitment to sustainability includes:
- Bunkering Trials: The company will participate in trials for alternative fuel vessels registered under the Singapore flag, building on previous biofuel bunkering initiatives.
- Adoption of Alternative Fuels: The CMA CGM Iron, the first of 12 dual-fuel methanol vessels, made its maiden call in Singapore in March 2025, marking a significant step in the company’s sustainability efforts.
Collaborative Efforts
Both MPA and CMA CGM will explore various pilot trials, including:
- Online Carbon Accounting Registry: Testing a digital platform for tracking carbon emissions.
- Data Exchange Standards: Developing secure protocols for data sharing between ships and shore.
- Cybersecurity Initiatives: Enhancing digital security in maritime operations.
Strengthening Maritime Innovation
The collaboration aims to bolster the maritime innovation ecosystem in Singapore by:
- Fostering Local Talent: Developing leadership programs, internships, and scholarships to nurture the next generation of maritime professionals.
- Engaging with Local Innovation Platforms: Collaborating with entities like ZEBOX Group to drive innovation in the sector.
Leadership Statements
Teo Eng Dih expressed that this MoU marks a significant milestone in the collaboration with CMA CGM, highlighting the shared vision for decarbonization and digitalization in the maritime sector. Rodolphe Saadé emphasized the importance of this partnership in enhancing efficiency and performance while committing to a more resilient and sustainable global trade.
This renewed partnership between MPA and CMA CGM not only reinforces Singapore’s status as a maritime hub but also sets a precedent for sustainable practices in the shipping industry, paving the way for a greener future in global trade.
Sources
- MPA And CMA CGM Sign New Fuels Mou, Marine News Magazine.
- MPA and CMA CGM bolster collaboration on sustainable shipping, Offshore-Energy.biz.
