Maersk, CATL target maritime decarbonization across global supply chain

Denmark-based shipping and logistics heavyweight A.P. Moller – Maerskand Chinese battery manufacturer and technology company Contemporary Amperex Technology (CATL)have put pen to paper on a project aiming to push forward decarbonization efforts across global supply chains.

As disclosed by both companies, the memorandum of understanding (MoU) concerning this initiative was signed on October 9 in Hong Kong.

The MoU reportedly builds on a five-year-long collaboration between Maersk and CATL—believed to be one of the “world’s largest” suppliers of batteries for electric vehicles—wherein the two parties worked together across ocean transportation, intermodal as well as other logistics solutions.

Under the new agreement, Maersk said it would serve as CATL’s global logistics partner, delivering integrated services spanning ocean freight, air freight, project logistics and warehousing.

As informed, the companies are going to investigate “effective and scalable” models aimed at different markets that could help the Chinese player to maintain its supply chain stability.

More specifically, Maersk and CATL said that they would cooperate on projects that include the electrification of container shipping and the port ecosystem, among other initiatives.

The efforts are