Worldwide shipping and logistics company CMA CGM Group on Thursday (12 November) said it has embarked on a major program to build a new class of liquefied natural gas-powered (LNG) vessels, as part of its drive to take the shipping industry’s energy transition to the next level.
The CMA CGM Jacques Saadé, the world’s largest containership powered by LNG and the CMA CGM Group’s flagship, carried out its first LNG bunkering operation in Rotterdam, it said.
The company said in November 2017 Rodolphe Saadé, Chairman and CEO of the CMA CGM Group, made the decision to order nine 23,000 TEUs (Twenty-foot Equivalent Units) with an LNG power supply, a first in the history of the shipping industry for vessels of this size.
Following this record order for nine 23,000 TEU containerships, including the CMA CGM Jacques Saadé and the recently delivered CMA CGM Champs Elysees, the CMA CGM Group now operates seven LNG-powered containerships and will have a fleet of 26 containerships of various sizes by 2022.
The bunkering operation for CMA CGM Jacques Saadé is the largest bunkering operation ever undertaken for a containership at the Port of Rotterdam.
The vessel has an 18,600 cubic meter tank, which was bunkered with LNG while port handling operations remained underway.
CMA CGM noted it is seeking to establish a genuine center of excellence in LNG for the shipping industry in Rotterdam port which is now becoming a world-class hub for LNG.
It added that the Port of Marseille Fos is also set to become a gas bunkering hub for the CMA CGM Group’s vessels.
“The energy transition is well and truly underway at CMA CGM. As of today, our flagship is powered using Liquefied Natural Gas. By 2022, our LNG-powered fleet will be 26 strong,” said Rodolphe Saadé, Chairman and Chief Executive Officer of the CMA CGM Group.
“Through this initiative we are directly addressing the environmental challenges we are faced with. As well as being reliable, LNG is the best available technology for significantly improving air quality and contributing towards tackling global warming.”
Photo credit: CMA CGM Group
Published: 13 November, 2020
Universal Alliance, BMS United, Digiland International, Goodwood Associates, Southernpec (Singapore), and Taigu Energy were involved in alleged circular fictitious trades of fuel oil during July 2015.
Bunker orders of ISO 8217:2010 spec LS 380 cSt 0.5% for Nord Gemini, Nord Titan, Ocean Rosemary, and Luzern were placed through global commodities trading and logistics house Trafigura Pte Ltd.
While Covid-19 concerns are important, Captain Rahul Choudhuri was quick to note this does not mean bunker fuel related issues have indeed disappeared from the shipping sector.
‘Therefore, representing the players of the Malaysian bunker industry, we sincerely hope that this matter can be refined and reconsidered immediately so that all parties benefit together,’ says communication.
Maureen Poh, a Director of Helmsman LLC, offers plain practical tips on the differences between US and EU Sanctions and shares some thoughts on what companies could do if they are potentially exposed to sanctioned entities.
‘We [Consort Bunkers] have the opinion that the bunker business in Singapore is not related to the widely reported earlier cargo commodity trading mishaps,’ company source tells Manifold Times.