CMA CGM orders IMO 2020-friendly containerships
French shipping group CMA CGM said April 30 it had signed orders for 22 containerships, 12 of which will be fuelled by LNG.
For an undisclosed sum, the French company said it signed an order with China State Shipbuilding Corporation for newbuild containerships.
The cargo capacity of the 12 LNG-fueled vessels will be evenly split between 13,000 Twenty-foot Equivalent Units (TEUs) and 15,000 TEUs. The other 10 ships will be rated at 5,500 TEUs each and will be powered by very-low sulphur fuel oil.
The shipping industry is moving toward VLSFO and other options to meet obligations outlined in the IMO 2020 regime for lowering emissions from the sector.
“This order aims at accommodating market growth,” the French company said. “These vessels are expected to join the group’s fleet between 2023 and 2024.”
CMA CGM managed to reduce its own CO2 emissions by 4% in 2020, following a 6% cut in the previous year. It has managed a 49% reduction in CO2 emissions per container-km over the past five years.
The company ordered nine large-sized LNG containerships in 2017 from China State Shipbuilding Corp, with the first joining its fleet in last September. The vessel, CMA CGM Jacques Saade, was bunkered in November with a mix of LNG and bio-LNG by France's Total.