| Code: 204558 |

On the occasion of its 125th tear anniversary on 24 January, Antwerp-based shipping company Compagnie Maritime Belge (CMB) announced it has offset all its CO2 emissions in order to have net zero CO2 emissions as from 2020.

TINNews |

On the occasion of its 125th tear anniversary on 24 January, Antwerp-based shipping company Compagnie Maritime Belge (CMB) announced it has offset all its CO2 emissions in order to have net zero CO2 emissions as from 2020.

"CMB firmly believes in zero carbon emissions from its shipping operations and aims to achieve this by 2050. Many low carbon and zero carbon technologies are already in the early stages of development, and CMB is convinced that the shipping industry will find solutions to today’s problems to provide zero carbon shipping by 2050,"

...the company added.

To achieve this long-term CO2 reduction, CMB has already supported certified climate projects in developing countries and acquired high quality Voluntary Carbon Units (VCU’s) in Zambia, Guatemala and India.

In addition, CMB is already investing heavily in the development of low and zero carbon ships and engines.

Under a 2019 agreement, the company is currently building the HydroTug, the world’s first hydrogen-powered tugboat, expected to start operations at the Port of Antwerp in two years.

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