Skip to content Skip to Search
Skip navigation

UAE’s Masdar to supply green fuel to CMA CGM

Mohammad Abdelqader El Ramahi, Masdar chief green hydrogen officer, and CMA CGM's Christine Cabau Woehrel sign the strategic supply partnership on green fuel Masdar
Mohammad Abdelqader El Ramahi, Masdar chief green hydrogen officer, and CMA CGM's Christine Cabau Woehrel sign the strategic supply partnership on green fuel

Abu Dhabi state-owned renewable energy company Masdar has signed a strategic supply partnership to explore long-term green alternative fuels for French shipping major CMA CGM Group’s vessels.

The partnership aims to source, supply and deliver green alternative fuels, such as biofuels based on methane and methanol, for CMA CGM’s dual-fuel vessels in Abu Dhabi port from 2025 until 2028. 

The French company has 35 dual-fuel vessels in its fleet and 84 on order.

The two companies will also continue to discuss developing their collaboration on green hydrogen and ammonia production.

“It is our belief that global maritime is one of the most strategic markets for green hydrogen and synthetic fuels are one of the fastest, most rewarding market segments. This agreement aligns with our ‘smart-first-mover’ approach to deliver projects with strategic partners in the UAE and across the world,” Masdar chief green hydrogen officer Mohammad Abdelqader El Ramahi said.

“Our goal is clear: to provide and offer reliable shipping services while reducing our environmental impact and actively contributing to a cleaner, more sustainable energy future for the marine industry,” added CMA CGM Group executive vice president in charge of assets and operations Christine Cabau Woehrel.

As part of its net zero carbon initiative by 2050, CMA CGM Group aims for a 30 percent emission reduction by 2030, compared to 2008, and an 80 percent emission reduction by 2040.

Masdar aims to produce one million tonnes of green hydrogen by 2030.

The hydrogen rainbow

  • Green hydrogen is produced on a carbon-neutral basis through water electrolysis. 
  • Turquoise hydrogen is created when natural gas is broken down into hydrogen and solid carbon with the help of methane pyrolysis.
  • Blue hydrogen is generated from the steam reduction of natural gas. 
  • Grey hydrogen is obtained by steam reforming fossil fuels such as natural gas or coal. 
  • Sometimes other colours are ascribed to hydrogen, based on how it is produced. For red, pink and violet hydrogen, the electrolysers are driven by nuclear power. 
  • Yellow hydrogen is hydrogen produced from a mixture of renewable energies and fossil fuels. 
  • White hydrogen is a waste product of other chemical processes, while the use of coal as a fuel produces brown hydrogen.

Latest articles

STC wants to consolidate the mobile tower market

STC approves PIF purchase of telecom company

Shareholders of Saudi telecom giant STC have approved plans to create a new telecommunications infrastructure company in which the Public Investment Fund will have a 51 percent stake valued at SAR8.7 billion ($2.3 billion).  Under the deal, the STC-owned Telecommunication Towers Co. Limited (Tawal) will become a PIF subsidiary through a merger with Golden Lattice […]

Flavio Cattaneo of Enel, of which Endesa is a subsidiary, and Mohamed Jameel Al Ramahi at the signing of the deal

Masdar buys stake in Spanish utilities company Endesa

The UAE’s state-owned clean energy company Masdar has agreed to acquire a minority stake in Spanish electric utility business Endesa to partner for 2.5 gigawatts (GW) of renewable energy assets in Spain. Under the agreement, subject to regulatory approval, Masdar will invest nearly $890 million to acquire a 49.99 percent stake in Endesa, with an […]

UAE markets Hong Kong

UAE capital markets partner with Hong Kong exchange

The Hong Kong Stock Exchange (HKSE) has added the Abu Dhabi Securities Exchange (ADX) and the Dubai Financial Market (DFM) to its roster of recognised marketplaces. The move opens the door for UAE-based companies to pursue secondary listings on one of Asia’s premier financial markets. It also follows the inclusion of the Saudi Exchange (Tadawul) […]

Person, Worker, Adult

Aramco and PIF invest in Saudi-Chinese steel venture

Saudi Aramco and the Public Investment Fund have doubled their investment in a steel plate joint venture with a Chinese company to $500 million. The two Saudi companies each own 25 percent shares in the new venture in Ras Al Khair industrial city, Bloomberg reported, quoting a statement published on the Chinese stock exchange. Chinese […]