Freight News, Sea

CMA CGM to dedicate 6 new LNG-powered vessels to USA

[ March 3, 2021   //   ]

Rodolphe Saadé, Chairman and CEO of the CMA CGM Group announced on February 25 that he would dedicate six liquefied natural gas (LNG) powered containerships to the U.S. market as part of the Group’s ongoing efforts to improve air quality and drive forward the energy transition of the shipping industry. Rodolphe Saadé made the announcement at the opening session of TPM, the premiere conference for the trans-Pacific and global container shipping and logistics community.

The first of these new vessels will be delivered in October 2021, and all ships will be fully operational by the end of 2022. The six 15,000-TEU 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.

As a customer-centric Group, CMA CGM is sharing its energy transition solutions for shipping and providing its customers with effective solutions with these six 15,000-TEU LNG-powered vessels. American customers will be able to choose to transport their goods using LNG, a new technology that helps to preserve air quality by eliminating almost all atmospheric pollutants.

Recently, the Group also introduced ACT with CMA CGM+, a set of services designed to allow customers to analyze, reduce and offset their environmental impact. CMA CGM will continue to incorporate the latest advanced technologies to serve the needs of its customers, in the U.S. and globally, while ensuring every aspect of its business is operating in the most sustainable way possible.

Alongside the development of new and agile solutions to answer its customers’ needs, the CMA CGM Group is committed to accompanying local communities through the creation of jobs, partnerships for the emergence of innovative technologies as well as philanthropic endeavors.

In November 2017, Rodolphe Saadé made the visionary decision to order nine 23,000 TEU vessels with an LNG power supply, a first in the history of the shipping industry for vessels of this size. LNG is currently the state-of-the-art industry solution for preserving air quality. It delivers a reduction of 99% in sulfur dioxide, 91% in particulate matter emissions and 92% in nitrogen oxide emissions, far surpassing the requirements of current regulations. LNG also provides an

initial response to the challenge of tackling climate change. An LNG-powered vessel emits up to 20% less CO2 than fuel-powered systems.

Time is of the essence for addressing, now more than ever, the impact of climate change. The CMA CGM Group has always considered its business performance as intrinsically linked to its social and environmental performance. It is actively implementing measures to accelerate the industry’s energy transition and is significantly investing in research and development to design the clean vessels of the future. CMA CGM also continues to heavily 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.