CMA CGM has announced the first liquefied natural gas (LNG) bunkering of its 15,000TEU vessel, CMA CGM Tenere, in the port of Rotterdam. The box shipping giant's total spend on bunkers and other consumables for the three-month period was a reported $975.3 million, compared to $875.3 million for the period in 2019.. The CMA CGM JACQUES SAADE, with a capacity for 23.112 TEU and 400 meters length, belongs to the iconic French Asia Line service (FAL 1) of CMA CGM for … Capt. CMA CGM strengthens its presence in the Europe-Mediterranean-Middle East and India Subcontinent trades with improved EPIC, EPIC2 MEDEX and MEGEM services in International Shipping News 17/12/2020 The biofuel has been developed by GoodFuels. Ivica Bradic. CMA CGM intends to have 26 LNG-fuelled containerships in its fleet by 2022, and seven of these are already in service. Under the agreement with Shell, the use of biofuel as bunker fuel will be accelerated, according to maritime news provider ShipInsight. CMA CGM, the world’s fourth-largest container shipping line, said its EBITDA margin rose to 21.0% in the third quarter from 17.2% in the previous quarter and 13.3% in the year-earlier period. Paris - Total and CMA CGM have signed an agreement covering the supply of around 300,000 tons of liquefied natural gas (LNG) a year for 10 years starting in 2020.This unprecedented volume in the history of LNG bunker will fuel CMA CGM's nine newbuild container … ... Bunker Prices Worldwide; Report / … CMA CGM offers shippers immediate path to cut emissions Mark Szakonyi, Executive Editor | Nov 17, 2020 5:03PM EST. Bunker Purchaser chez CMA CGM Marseille. Please Note: Only individuals with an active subscription will be able to access the full article. The fuel will be for CMA CGM's future 15,000-TEU container ships that will operate between Asia and the Mediterranean, and that are scheduled for delivery starting in 2021. The agreement will see the supply of approximately 270,000 tonnes per year of LNG as fuel over 10 years at Marseille-Fos.. CMA CGM Jacques Saade and its eight sister ships feature membrane bunker tanks supplied by a pioneer in membrane-type cargo tanks, Gaztransport & Technigaz (GTT). The latest trial followed the first refueling of a containership with biofuel when the CMA CGM White Shark took on the bunker during a call at Rotterdam port in March 2019. With reference to our previous advisory dated 28 August 2020, please be advised that Very Low Sulphur Fuel Oil (VLSFO) will replace the current High Sulphur Fuel Oil (HSFO) as the price reference for the quarterly Bunker Adjustment Factor (BAF) for long-te MOL, Total Pen Deal on LNG Bunker Vessel for CMA CGM’s Giants. French container line CMA CGM aims for alternative bunker fuels to make up 10% of its energy supply by 2023, the company said Wednesday.. The first bunkering of one of CMA CGM's new giant gas-powered boxships at Rotterdam was of a biofuel blend, according to energy producer Total.. Benoit NENERT Alliances & Partnerships Manager at Worldline Global Lyon et périphérie. Related News 17 Dec 2020 CMA CGM has boosted the capacity assigned to lines between Asia and Europe by 6% for the fourth quarter of 2020 compared to the same period of 2019. CMA CGM S.A.: Covenant Quality Post-Sale Snapshot: €650m 6.500% Senior Notes due 2022. CMA CGM has already trialled biofuel on two of its ships. Business & Finance February 6, 2018 Mitsui O.S.K. Subject: CMA CGM extends emergency bunker surcharges Add a personalized message to your email. The French supplier bunkered the CMA CGM Jacques Saadé with 17,300 m3 of LNG at Rotterdam last week. CMA CGM has carried out the first LNG bunkering of the CMA CGM Tenere, the first of six 15,000-TEU, liquefied natural gas (LNG)-powered container ships chartered by the CMA CGM Group. French container shipping major CMA CGM posted strong business results in the third quarter of 2020 amid a recovery in demand for transportation of goods which was hit considerably by the COVID-19 pandemic in the first half of the year. CMA CGM, which is the world's fourth-largest container shipping company and operates about 500 ships in total, aims to become carbon neutral by 2050. Benoit NENERT. The French energy company, Total has delivered LNG with the world’s largest LNG bunker vessel, the Gas Agility, which has supplied CMA CGM Tenere with 12,000m 3 … It is a second generation biofuel, derived from forest residues and waste cooking oil that has undergone three years of extensive engine testing with marine engine manufacturers. The first in a series of nine new 23,000-TEU vessels which will join the CMA CGM Group fleet from 2020 and will be flagged under the International French Registry (RIF), the CMA CGM JACQUES SAADE will … Here, Total's Vice President of Marine Fuels and TMFGS MD Jérôme Leprince-Ringuet tells Lesley Bankes-Hughes why he believes LNG will have longevity as … Box shipping giant CMA CGM has signed a second major LNG bunker supply deal with Total.. The remaining five 15,000 TEU units are expected to be handed over to their owner by late 2022. The CMA CGM JACQUES SAADE, a ship of exceptional size! Capt. About 13% of the quantity delivered was biomethane, the company said in a statement on its website Monday.. The fuel comprises 80% of low sulphur fuel oil and 20% of a biofuel made of used cooking oil. GTT vice president for LNG as Fuel Directorate Julien Bec explains that CMA CGM decided they would bunker only once every round trip – Europe-Asia, 25,000 nautical miles. CMA CGM Jacques Saade; Image by CMA CGM. CMA CGM has prepared the largest Sustainability Report (it still calls it CSR Report) among all the liners. The CMA CGM Group is firmly committed to the energy transition in maritime transport and is rolling out a plan aimed at providing the Group with a fleet of 26 LNG-powered ships by 2022. Rotterdam, November 16, 2020 – The CMA CGM Jacques Saadé, the world’s largest containership powered by Liquefied Natural Gas (LNG) has completed her first LNG bunkering with Total’s LNG bunker vessel, the Gas Agility, on November 13 th 2020 at the Port of Rotterdam in the Netherlands. Send. Moody's Investors Service 13 Jul 2017 Announcement Moody's: EMEA companies' search for revenue and margin growth will drive M&A into 2018. Snapshot: €650m 6.500 % Senior Notes due 2022 Editor | Nov 17, 2020 5:03PM.... Offers shippers immediate path to cut emissions Mark Szakonyi, Executive Editor | Nov 17, 2020 5:03PM EST with! 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