Tuesday, July 28, 2020

Shipping: "CMA CGM, NYK and Port of Rotterdam Join CEO-Led Hydrogen Council"

From Maritime Executive, July 27:
Eleven additional global companies, including CMA CGM, NYK Line, and the Port of Rotterdam, are joining The Hydrogen Council, a CEO-led coalition working to enable the global energy transition through hydrogen. Launched during the 2017 World Economic Forum in Davos, CMA CGM is joining Microsoft as one of the steering members of the growing coalition of CEOs while the other shipping-related companies are becoming supporting members.

The council’s goals are to accelerate the significant investment in the development and commercialization of the hydrogen and fuel cell sectors. They are also seeking to encourage key stakeholders to increase their backing of hydrogen as part of the future energy mix. They are working towards the large-scale commercialization of hydrogen solutions across industries world-wide by engaging policy-makers, investors, and civil society stakeholders to acknowledge the contribution and potential of hydrogen as a key element of the energy transition.

“As policymakers, businesses, and investors across the globe are working to recover from the economic and social consequences of the pandemic, hydrogen is increasingly recognized as an indispensable piece of the puzzle. The recently announced EU, German and Korean plans on hydrogen are among prime examples of that momentum and we hope that other countries will join in soon”, said Benoît Potier, Chairman and CEO of Air Liquide and Co-chair of the Hydrogen Council.

“This crisis will define our energy production and consumption for at least a generation. The companies joining our group today acknowledge that this is a critical time to accelerate clean energy innovation to reach our climate goals and recognize that hydrogen can play a paramount role in doing so.”...

These are not the little guys.
The new co-chair is Takeshi Uchiyamada, Chairman of Toyota ($275 billion revenue).
He joins Benoît Potier Chair and CEO of Air Liquide ($26 billion revs.) who has been co-chair since 2017.