CMB.tech CEO Alexander Saverys More Confident Than Ever in Green Fuels Despite US Sabotage of IMO Deal

According to ShippingWatch, Alexander Saverys, CEO of Belgium's family-owned CMB.tech, argues that his company is gaining ground in green fuels despite the US undermining the International Maritime Organization (IMO) deal. Saverys believes that his company's early-mover position in alternative fuels such as hydrogen and ammonia creates a strategic advantage.

Despite the US effort to delay the entry into force of global shipping emissions rules, Saverys said the sector's shift to alternative fuels will continue and that CMB.tech will remain at the forefront of that transition. The company is among the leading players in ammonia-fuelled ship orders.

Saverys acknowledged that regulatory uncertainty may shake investor confidence in the short term, but emphasised that customer demand and independent frameworks such as the EU's ETS and FuelEU Maritime will continue to pave the way. CMB.tech remains committed to its 2040 net-zero target.

Key Takeaways:
1. CMB.tech's CEO remains confident in green fuels despite sabotage of the IMO deal.
2. The Belgian family firm is a leader in ammonia-fuelled ship orders.
3. The US is delaying the entry into force of global shipping emissions rules.
4. EU frameworks like ETS and FuelEU Maritime continue to pave the way.
5. CMB.tech stays committed to its 2040 net-zero target.