France’s CMA CGM has made its first methanol orders, following in the footsteps of Denmark’s Maersk. The company has so far been most heavily investing in LNG propulsion.
The Marseille-headquartered firm has revealed in its Q1 report further fleet expansion, which takes its orderbook to 69 ships. As well as confirming orders for 10 smaller LNG dual-fuelled ships during its Q1 presentation.
CMA CGM also revealed it has signed for six 15,000 teu dual-fuel methanol-powered vessels, which will join the fleet by the end of 2025.
Maersk set the ball rolling among containerlines over the past year with a series of orders for methanol-powered ships. X-Press Feeders and Danaos are among others who have followed suit.
Tags: CMACGM, France, LNG, Maersk, Methanol, X-Press Feeders
Recent Posts
NTPC inks pact to set up green hydrogen infra in Odisha
India poised to become major SAF producer
Swan Energy, AG&P to form JV for LNG ops, storage unit
Hydrogen-hybrid research vessel causes 75% less emissions
Sailing towards sustainability: Navigating maritime risks through ESG norms
NTPC Green Energy to participate in SIGHT scheme to supply green ammonia
Oil India signs MoU with HP Govt. to support alternative energy projects
Avaada Group commits $12bn to transform Rajasthan into renewable energy hub