MARSEILLE/BASEL: October 20, 2018. As CMA CGM increased its stake in Ceva Logistics to 33 percent this week, the French box carrier also signed an agreement on sustainability with Panalpina.

CMA CGM Jules VerneThe two companies have committed to collaborate, innovate and improve in four key areas: the environment, ethics and compliance, social responsibility, and community. Specifically, occupational health and safety programmes, local sourcing, plus humanitarian aid relief and support.

CMA CGM's environmental approach includes the order of nine LNG-powered Ultra Large Container Vessels with a capacity of 22,000 TEUs for delivery in 2020.

“Compared to current fuel-powered vessels, our new LNG vessels will enable a reduction of up to 25 percent in CO2. They will also generate 99 percent less sulphur emissions, 99 percent less fine particles and 85 percent less nitrogen oxides emissions,” said Julien Topenot, head of environment and sustainability at CMA CGM.

In 2017 Panalpina transported 1.5 million TEUs as CMA CGM carried 19 million.

“Partnering with strategic partners such as CMA CGM that are technology driven and share a similar vision of sustainability, and using them to transport our customers’ cargo will help us achieve our ambitious sustainability goals,” added Lindsay Zingg, Panalpina’s global head of Quality, Health, Safety and Environment.