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Total signs agreement to fuel CMA CGM's 22,000 teu LNG-powered containerships

Total signs agreement to fuel CMA CGM's 22,000 teu LNG-powered containerships
Total has signed an agreement with CMA CGM to supply LNG for the nine 22,000 teu containerships ordered by the French container line.

The two companies have signed agreement under which Total will deliver around 300,000 tonnes of LNG annually starting from 2020.

Total will provide a tailor made solution to CMA CGM and said it was already considering chartering an LNG bunkering vessel on a long term basis to deliver fuel to both the container line and other shipping companies in Europe.

“CMA CGM’s decision to adopt LNG propulsion for its new build container ships sends a strong signal to the maritime world.” said Patrick Pouyanné, chairman and ceo of Total. “The wider use of LNG as a fuel is an important component of Total’s LNG strategy, and we are delighted to support CMA CGM as it implements this ambitious project. This agreement highlights our involvement in developing dedicated supply chains for this new fuel.”

The move by CMA CGM to opt to fuel some of the largest containerships ever built with LNG is seen as a game changer for the nascent LNG bunkering sector.

“LNG is the fuel of the future for shipping,” commented Rodolphe Saadé, chairman and ceo of CMA CGM. “With this groundbreaking decision by the CMA CGM Group, the entire maritime industry will benefit from the new supply chains that will be created.”