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Shanghai International Port Group and CMA CGM in 10-year LNG bunkering agreement

24 Jan 2022

Terminal operator Shanghai International Port (Group) Co., Ltd. (SIPG) and shipping and logistics player CMA CGM Group on 12 January held an agreement signing ceremony on establishing an LNG bunkering service in Shanghai Port.

Starting at the end of the first quarter of 2022, and for a duration of 10 years, SIPG will provide Simultaneous Operations (SIMOPS) LNG bunkering service for CMA CGM’s vessels sailing from China to the United-States at Yangshan Port through a new 20,000 m3 LNG bunker barge.

The service will be the first operation of its kind in Shanghai port, and even in China.

Mr. Gu Jinshan, Chairman of SIPG, said: “Shanghai Municipal Party Committee and Shanghai Municipal Government attached great importance to the bonded LNG bunkering for international ships at Shanghai Port, and strong support has been given by relevant departments and units in Shanghai.”

“Bonded LNG bunkering for international ships is greatly related to fostering the world-class business environment of Shanghai as a harbour city and improving the service functions of Shanghai port.

“It is of great significance to enhance the overall competitiveness of Shanghai international shipping center. Today’s agreement signing ceremony will further enhance and strengthen our long-term partnership between SIPG and CMA CGM.”

Rodolphe Saadé, Chairman and CEO of the CMA CGM Group, said: “This agreement marks an important milestone in CMA CGM’s energy transition roadmap, as our Group will be the first shipping line to bunker LNG in China.”

“We are glad that this premiere Chinese LNG bunkering operation could be made possible thanks to the very positive cooperation and excellent teamwork between CMA CGM and SIPG. It paves the way for further developments to the benefit of our Group and the Shanghai region.”


Photo credit: CMA CGM China
Published: 24 January, 2022

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