CMA CGM Inks Largest Newbuild Order Worth $2.3bn

CMA CGM made the largest single containership order in China’s shipbuilding history, with the construction of 22 containerships worth around $2.3bn, reports Platts.

Deal worth around $2.3bn

French liner major CMA CGM said April 30 it has ordered 22 new ships to be built, including 12 that will be powered by LNG.

CMA CGM signed the newbuilding contract with China State Shipbuilding Corp. for 2023-24 delivery. 

LNG-powered ships 

Six of the LNG-powered ships will have a carrying capacity of 15,000...

https://mfame.guru/cma-cgm-inks-largest-newbuild-order-worth-2-3bn/

LNG Demand Rises As Ship Owners Directs To Pare Off Emissions

  • Though liquefied natural gas pollutes less than oil, the World Bank said it would likely play a limited role in decarbonizing the industry and recommended that countries avoid new public policy supporting its use.
  • But Natural gas-powered vessels are becoming more popular as a halfway measure as a search continues for non-carbon-based fuels.

According to an article published in The Wall Street Journal, the maritime industry, under growing pressure to reduce shipping’s carbon emissions, is...

https://mfame.guru/lng-demand-rises-as-ship-owners-directs-to-pare-off-emissions/

CMA CGM Picks Biomethane for 1st Low-carbon Shipping 

CMA CGM launches a first low-carbon shipping solution, bringing the Group a step closer toward carbon neutrality, says a press release published on their website.

Low-carbon shipping

CMA CGM provides customers with a new and immediately available solution, bringing the Group a step closer toward carbon neutrality, with biomethane, non-fossil energy.

12,000 tonnes of biomethane, the equivalent of two 1,400-TEU LNG-powered ships on an intra-European service for a whole year.

CO2 emissions reduction

An...

https://mfame.guru/cma-cgm-picks-biomethane-for-1st-low-carbon-shipping/

Launch of Asia’s First ship-to-containership LNG Bunkering

  • Singapore is now able to provide liquefied natural gas (LNG) bunkering to larger LNG-powered vessels.
  • This is attributed to the launch of the first ship-to-containership bunkering operation in Asia on Wednesday.
  • The bunkering operation involving the containership CMA CGM Scandola and Singapore’s first LNG bunkering vessel, the FueLNG Bellina, began around 4am on Wednesday.
  • The operation to transfer 7,100 cubic metres (cu m) of LNG to the containership is expected to be completed on Wednesday...

https://mfame.guru/launch-of-asias-first-ship-to-containership-lng-bunkering/

World’s Largest LNG-Powered Vessel To Sail Soon

  • Global shipbuilding giant Hyundai Heavy Industries (HHI) builds a very large container ship powered by LNG for the first time in the world.
  • A trial run of the ship that is 366 meters long and 51 meters wide has recently been completed.
  • The vessel with a capacity of 14,800 TEU will be delivered to Singapore’s Eastern Pacific Shipping on Sept. 15.
  • Hyundai Heavy Industries Group has won contracts to construct 44 LNG-powered bulk carries, tankers and container vessels.

A recent news report...

https://mfame.guru/worlds-largest-lng-powered-vessel-to-sail-soon/

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