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CMA-CGM TO DEPLOY SIX LNG-FUELLED NEWBUILDS ON US ROUTES

CMA-CGM TO DEPLOY SIX LNG-FUELLED NEWBUILDS ON US ROUTES

Friday, February 26, 2021 

Rodolphe Saadé, Chairman and CEO of the CMA CGM Group, a world leader in shipping and logistics, has announced the company's intention to dedicate six LNG powered containerships to the US market as part of the Group’s efforts to improve air quality and drive forward the energy transition of the industry.

The first of these new 15,000 TEU vessels is due to be delivered in October 2021, and all ships will be fully operational by the end of 2022. The six new vessels will be deployed on CMA CGM’s Pearl River Express (PRX) line, which sails from China to the Port of Los Angeles. The CMA CGM Group is currently operating 12 LNG-powered containerships, a fleet that will grow to 32 containerships of various sizes by 2022. This technology is one of the first steps towards achieving CMA CGM Group’s ambitious 2050 objective of carbon neutrality. 

In November 2017, Saadé announced an order for nine 23,000 TEU vessels with an LNG power supply, a first in the history of the shipping industry for vessels of this size. The CMA CGM Group has always considered its business performance as intrinsically linked to its social and environmental performance. As well as LNG as fuel, CMA CGM continues to invest in alternative solutions such as wind-assisted propulsion, hydrogen engines and green fuels. In 2019, the Group became the world’s first shipping company to successfully test a biofuel comprising 20% recycled plant oil and forestry waste. It has pledged that alternative fuels will cover at least 10% of its consumption by 2023.

Saadé said: “The deployment of six LNG-powered containerships of 15,000-TEU will go along with the development of the US economy in a sustainable manner. It is a strong signal in favor of the environment. The United States is strategic for the economic exchanges and for CMA CGM: 2021 will definitely be marked by the strengthening of the ties that have already united us for a long time. We deeply believe in the strengths of the American economy and we’re eager to foster its responsible growth.”

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