The company has committed a €200 million budget for the projects from its five-year $1.5 billion budget, which was launched in September 2022 to accelerate its energy transition and achieve net-zero carbon by 2050. The financing comes in support of the €300 million the French Government is allocating for the development of zero-emission vessels and it was announced by Rodolphe Saadé, Chairman and Chief Executive Officer of the CMA CGM Group.