The CMA CGM Group commits to a more sustainable French shipping industry

8 November 2022

• 200 million euros to accelerate the decarbonization of the French shipping industry.
      - A dedicated center for projects to be launched in January 2023.
      - A budget supporting France's shipping and port industry across all sectors.

• Support the ecole Nationale Superieure Maritime to strengthen the recruitment of student officers and develop the fleet under the French flag.

During the Assises de l'economie de la Mer conference, the most important event in the annual calendar for the shipping industry in France, Rodolphe Saade, Chairman and Chief Executive Officer of the CMA CGM Group, announced several measures to support the French shipping sector. The CMA CGM Group, a global player in sea, land, air and logistics solutions, reaffirms its commitment to the development of a decarbonized and competitive French maritime industry.

Accelerating investment in the energy transition
To achieve its goal of net zero carbon emissions by 2050, the CMA CGM Group announced in September the creation of an Energy Fund. With 1.5 billion euros to be endowed over five years, the fund aims to support the industrial production of new decarbonized sources of energy and the development of low-consumption, high-efficiency solutions across all the Group's activities.

CMA CGM will dedicate 200 million euros of the budget to projects led by French shipping and port industry organizations. A dedicated center for projects will be launched in January 2023 which aims to support initiatives & accelerate the pace of the energy transition across the entire shipping and port industry in France. Sponsors will be able to submit an application which will then be reviewed by a technical committee incorporating independent experts and representatives of the French State. By taking this initiative, CMA CGM will play its part & contribute in new innovation-led projects for the decarbonized French shipping industry.

Support for the ENSM to help French officers excel in leading the shipping industry's energy transition
The CMA CGM Group wants to develop the French-flagged fleet and make it a shining example of how to embrace the energy transition. To achieve this, the Group is making a commitment to the ecole Nationale Superieure Maritime (ENSM), which trains future French officers, so it can increase the size of its intake and support the training of student officers to meet the challenges of the future‚ÄČ-‚ÄČthe energy transition and digital technology.

The launch of TANGRAM, the Group's excellence, and innovation training center due to open in 2023 next to the current site of the Marseille ENSM, will also pave the way for more partnerships.

Image by CMA CGM  

CMA CGM press release