The CMA CGM Group has taken a big step in maritime innovation. They’ve signed a deal to build six new Dual-Fuel LNG containerships at Cochin Shipyard Limited in India. This makes CMA CGM the first major international container shipping company to have LNG vessels built in India.
These six ships will be ready between 2029 and 2031 and will fly the Indian flag. This project supports India’s maritime goals and aligns with Prime Minister Modi’s vision to boost local shipbuilding. The Korean company HD Hyundai Heavy Industries will also provide technical support.
These new vessels show CMA CGM’s commitment to a greener future. They will use Liquefied Natural Gas (LNG) and are designed for low-carbon fuels, aiming to cut greenhouse gas emissions. The company plans to reach Net Zero Carbon by 2050. According to a recent study by the International Maritime Organization, shipping accounts for about 2.5% of global GHG emissions, making this transition crucial for a sustainable future.
This initiative further strengthens CMA CGM’s ties with India, amplifying government initiatives like “Make in India.” CMA CGM is investing in various aspects of India’s maritime sector:
- **Port Infrastructure:** They have significant stakes in key ports, including the Nhava Sheva Freeport Terminal and Mundra Port.
- **Employment Opportunities:** The Group plans to reflag four vessels to the Indian registry in 2025 and aims to hire 1,000 Indian seafarers by the end of the year, with an additional 500 in 2026.
CMA CGM’s Chairman and CEO, Rodolphe Saadé, emphasized the importance of this milestone, saying it highlights their confidence in India’s industrial capabilities. He stated, “India is a strategic country for CMA CGM, where we invest, train, and innovate.”
Madhu S Nair, CMD of Cochin Shipyard, expressed excitement about this collaboration, noting CSL’s commitment to delivering high-quality vessels. CMA CGM’s long-standing presence in India includes a workforce of around 17,000 and 19 weekly maritime services connecting India to global markets. This partnership not only reflects a commitment to sustainability but also signifies a growing confidence in India’s maritime industry.
In the digital age, trends surrounding sustainability are picking up on platforms like Twitter, where hashtags like #GreenShipping are gaining traction. Users are increasingly discussing the importance of eco-friendly shipping practices. This buzz highlights a broader shift in consumer and corporate attitudes towards sustainability, making projects like CMA CGM’s even more valuable.
For further details on CMA CGM’s activities and initiatives, you can check out their official site or explore government reports on [maritime investments](https://www.gov.in/). This significant move signals a promising future for India’s shipbuilding industry and sustainable shipping practices globally.
