CMA CGM specifies the contours, distribution and its management

Published on : 04/29/2024
Last update : 04/26/2024 By : Adeline Descamps
Reading : 6 mins.

CMA CGM and Bpifrance jointly announced the operational launch of the endowment fund for the French Maritime sector, supplemented to the tune of €200 million by the CMA CGM Energy Fund. The latter has already committed €460 million, either by investing in company capital or in dedicated funds. Investments focused on biofuels, e-fuels and green electricity in particular.

Rodolphe Saadé had indicated, as part of one of the round tables organized during the Maritime Economy Conference in November 2023, that he was awaiting the go of the French administration to contribute up to 200 M€ to the endowment fund for the French maritime and port sector announced by Hervé Berville, the Secretary of State for the Sea in November 2022.

“We are ready,” he said, the president of the CMA CGM group, which…