CMA CGM to upgrade with seven new biogas-fuelled ships

CMA CGM, has announced the rollout of seven new containerships powered by biogas to enhance services to the French West Indies. Delivered gradually from 2024, the seven new ships – four 7,300 teu vessels and three 7,900 teu vessels, each with 1,385 reefer plugs – will serve Guadeloupe and Martinique, replacing smaller ships. In order

CMA CGM forms $1.5 bn fund for decarbonization

The CMA CGM Group is creating a “Special Fund for Energies,” backed by a five-year, $1.5 billion commitment designed to accelerate its energy transition and achieve net zero by 2050. The mission of the fund is both to invest in projects to secure the supply of renewable energies for all the group’s businesses and to

Korea, China competing methanol-powered ship market

Competition is expected to intensify between Korean and Chinese shipbuilders in the methanol-powered ship market. French shipping company CMA CGM recently decided to place an order for six 15,000-TEU methanol-powered ships with Dalian Shipbuilding of China, not with a Korean shipbuilder. As the price per ship is $175 million, the entire value of the contract

CMA CGM enters into an agreement with Shell for LNG fuel supply

Shell and CMA CGM have entered into a multi-year agreement on the supply of LNG fuel for CMA CGM ships in the Port of Singapore. As partofthe deal, the LNG bunkering will be executed by FueLNG, a joint venture between a unit of Shell in Singapore and Keppel Offshore & Marine (Keppel O&M). The bunkering

CMA CGM and MPA to collaborate on decarbonisation in maritime industry

The CMA CGM Group (CMA CGM) and the Maritime and Port Authority of Singapore (MPA) have signed agreement to promote decarbonisation, digitalisation, and innovation across the maritime industry. Both the companies have said that they will explore the use of zero and low-carbon marine fuels including e-methanol, e-methane, and biofuels for commercial shipping. The deal

CMA CGM orders for six additional methanol-ready ships

French carrier, CMA CGM, decided to extend its methanol-ready fleet with an order for six ships of 8,000 teu from Hyundai Samho Heavy Industries’s Korean yard. CMA CGM has ordered six new-Panamax ships that are methanol-ready with a second order, worth a reported $736m in total, with expected deliveries of the vessels in 2025. CMA

CMA CGM partners with Jupiter 1000 to decarbonize gas networks

The CMA CGM Group has joined the partners of the Jupiter 1000 industrial demonstrator project piloted by GRTgaz to provide solutions to the challenge of decarbonising gas networks. The Jupiter 1000 project is France’s first industrial demonstrator aiming to produce green hydrogen from renewable power and e-methane – a synthetic gas using this hydrogen and

Maersk, CMA CGM speed up decarbonization projects

Liner giant forays into decarbonisation have continued, with encouraging developments from Maersk and CMA CGM. Maersk is redeploying the Vistula Maersk and Vayenga Maersk, two 3,600teu ice-class 1A vessels, to the Canada Atlantic Express (CAE) service between Canada and Northern Europe, and plans to run them on biofuel: “carbon neutral… and manufactured from recycled sustainable

CMA CGM joins in exploring green hydrogen from renewable power

CMA CGM is joining an innovative demonstrator project underway in Europe exploring the production of green hydrogen from renewable power, e-methane, and the reuse of captured CO2 to produce new synthetic fuels. Known as the Jupiter 1000 project being piloted by GRTgaz, the operator of France’s gas transmission network, the goal is to convert renewable

CMA CGM’s LNG solution for Electrolux

Marseille-headquartered CMA CGM completed signing of a significant 40,000 teu shipping deal with Electrolux, the Swedish multinational home appliance manufacturer. Electrolux has selected to use CMA CGM’s so-called Cleaner Energy LNG solution for 40,000 container shipments this year, shipped on CMA CGM’s dual-fuel LNG-powered vessels, while also benefitting from a share of guarantee of origin