France’s CMA CGM will launch the first liner offering using biomethane in May, chairman and chief executive Rodolphe Saade said.

The company expects to support the venture by investing in biomethane production facilities in its bid to develop carbon-neutral fuels for shipping, he said during an online meeting on Thursday.

Saade told a meeting co-hosted by the United Nations Global Compact Sustainable Ocean Business Action Platform and IDB Invest that CMA CGM would support the production of over 12,000 tons of biomethane annually.