Shipping
CMA CGM AND TOTAL SIGN MOU
February 6, 2017

CMA CGM and energy company Total have signed a memorandum of understanding to collaborate in preparation for stricter fuel regulations.

 

Self Photos / Files - CMA CGM Total

 

According to CMA CGM, under the three-year agreement, Total will become the shipping line’s multifuel supplier, providing fuel oil with a sulphur content of 0.5%, fuel oil with a sulphur content of 3.5% and liquefied natural gas.

 

“With the signature of this MoU, CMA CGM is continuing the sustainable development process begun several years ago,” said Rodolphe Saadé, vice chairman of CMA CGM [right in photo]. “The solutions offered by Total will enable us to further minimize the environmental impact of the group’s activities and is a next step in building a more environmentally conscious shipping industry.”

 

Total Marine Fuels, a specialized affiliate, has also been renamed as Total Marine Fuels Global Solutions. The new organization hopes to become a leading player in the LNG bunker market.

 

“As a global integrated energy producer and provider present across the oil and gas value chain, we aim to offer our customers a range of multifuel solutions to meet their different needs,” said Patrick Pouyanné, chairman and chief executive officer of Total [left in photo]. “The new regulations require both marine fuel suppliers and shipping industry stakeholders to adapt quickly. That is why we are working hand-in-hand with CMA CGM, a long-standing partner.”