CMA CGM invests in US-based biomethane supplier

French shipping company CMA CGM has acquired a minority stake in renewable gas producer Vanguard Renewables, securing long-term access to biomethane from up to four of the company’s renewable gas projects.

IMAGE: CMA CGM's LNG-capable dual-fuel container ship, CMA CGM Tivoli. CMA CGM

Vanguard Renewables turns organic waste into biomethane using anaerobic digestion. The gas is then liquefied into liquefied biomethane (LBM) for use as marine fuel, either on its own or blended with LNG in dual-fuel ships.

The company already has seven projects operational across the US and another one under construction, according to its website.

This investment will give CMA CGM long-term access to “significant volumes” of biomethane to support its growing LNG dual-fuel fleet, Vanguard said.

CMA CGM currently operates more than 35 LNG-capable vessels, with another 24 scheduled for delivery next year. The company aims to grow its LNG-capable fleet to 123 by 2029, positioning biomethane as a potential pathway to cut emissions across its global operations.

By Konica Bhatt

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