Title: French Shipping Giant CMA CGM Signs Contract with Sportswear Brand Nike to Purchase Sustainable Biofuels for Maritime Transport in Effort to Reduce Carbon Emissions – Announcement Made on March 4.

On the 4th, the French shipping giant CMA CGM announced that they have signed a contract with sports brand Nike to purchase sustainable biofuels for a portion of their maritime transport with the aim of reducing carbon dioxide emissions in maritime shipping. Nike is set to begin using sustainable biofuels purchased through this agreement starting in July 2023, contributing towards their environmental sustainability goals.