French shipping powerhouse CMA CGM and environmental services leader SUEZ have teamed up to produce biomethane from waste to help decarbonize European shipping. Under their new agreement signed on October 18, 2024, the French companies will co-invest €100 million to establish facilities capable of producing up to 100,000 tonnes of biomethane annually by 2030. This renewable fuel will power CMA CGM’s gas-driven vessels, advancing low-carbon solutions in maritime transport. The partnership also includes joint research on innovative biofuel production, supporting Europe’s transition to sustainable energy sources.