Friday, January 4, 2019

Shipping: CMA CGM Took Delivery Of Its First LNG Powered Vessel

Apologies up front for tardiness in posting this story. It's a pretty big deal. both for the shipping business and for the LNG racket but the story got caught behind all the Christmas stuff and only yesterday popped up again. The CMA CGM subsidiary took delivery on December 12 with articles being written around Christmas Day.
Here's the press release via Steel Guru, December 27:

CMA CGM Group taken delivery of its first LNG-powered vessel through its subsidiary Containerships
The CMA CGM Group, a worldwide leading shipping group, announced its subsidiary Containerships, an expert in Intra-Europe which it acquired in October, took delivery on December 12th of its first container ship powered by liquefied natural gas, the CONTAINERSHIPS NORD.

With Containerships, the CMA CGM Group reasserts its ambition for LNG
The 1,400-TEU (Twenty-foot Equivalent Unit) CONTAINERSHIPS NORD is the first of an order for four LNG-powered container ships. The following vessels are scheduled to be delivered in the first half of 2019.

The CONTAINERSHIPS NORD will first join CMA CGM’s NEW DUNKRUS service between Morocco and Northern Europe, before making its first LNG bunkering in Rotterdam. It will then join CMA CGM’s French-Baltic Line before entering service on Containerships’ Baltic loop upon delivery of the next two vessels.

Containerships also has a fleet of LNG-powered trucks, thereby enabling the CMA CGM Group to offer LNG throughout the transport cycle....MORE