CMA CGM Invests $3 Billion in Methanol and LNG-Powered Container Ships, With Capacities of 15,000 and 23,000 TEUs

Written by Roberta Souza

Published on 13/04/2023 at 11:28

Foto: Reprodução Filtrovali

Seja o primeiro a reagir!

The Investment Made by CMA CGM Was Secured by a Contract Signed Between China State Shipbuilding and Provides for the Construction of 16 Methanol and LNG-Powered Container Ships

A new record in the container ship sector! CMA CGM, along with China State Shipbuilding Corporation, signed a billion-dollar contract for US$ 3 billion that provides for the construction of 16 methanol and LNG-powered container ships, according to the website Portos e Navios.

The contract signed between the two parties is considered the largest ever made by the Chinese ship industry in financial terms, according to local media.

The contract made for the construction of ships involves 12 methanol-powered biodiesel vessels with a capacity of 15,000 TEUs and 4 conventional dual-fuel LNG-powered ships with a capacity of 23,000 TEUs.

ARTICLE CONTINUES BELOW

Major Oil, Gas, and Energy Event Will Take Place in Brazil: Macaé Energy Will Gather Petrobras, Equinor, Prio, Among Other Suppliers and Energy Executives for Business, Networking, and Employment Opportunities

The Technical Agenda and the Fair in the City of Macaé Should Boost Discussions on Investments, Energy Transition, and Development of the Oil, Gas, and Energy Chain in the National...

Paulo Nogueira

The Signed Contract Is the First Ever Made for Methanol-Powered Ships Weighing Tons

The signed contract for container ships between the companies is the first order ever made for methanol-powered vessels, with the agreement considered a record in the methanol shipbuilding industry due to the investment allocated for the construction of the methanol ships in the contract.

About the Companies

The company CMA CGM is the third-largest carrier in the world by capacity and supports, along with its competitors, the use of methanol as fuel.

Maersk, the second-largest carrier in the world by capacity, has ordered 16,000 TEU methanol-powered vessels. Meanwhile, Cosco, the fourth largest, ordered four container ships of 16,000 TEUs last week, one of which will have a dual-fuel methanol engine and three will be ready to use methanol.

More About Ships: Petrobras Advances in the Sergipe Deep Waters Project with Contracts for Drillships

Petrobras has initiated the contracting process for the chartering of two drilling platforms intended for the Sergipe Deep Waters (SEAP) project, located in the Sergipe-Alagoas Basin, approximately 100 kilometers off the coast.

The contract, announced by the oil company on Monday night (3), aims to increase the availability of national gas and open a new frontier for production in the Northeast.

The units of the FPSO type (floating production, storage and offloading) are considered strategic for the Sergipe Deep Waters project. READ MORE BY CLICKING HERE.

CMA CGM Invests $3 Billion in Methanol and LNG-Powered Container Ships, With Capacities of 15,000 and 23,000 TEUs

The Investment Made by CMA CGM Was Secured by a Contract Signed Between China State Shipbuilding and Provides for the Construction of 16 Methanol and LNG-Powered Container Ships

Major Oil, Gas, and Energy Event Will Take Place in Brazil: Macaé Energy Will Gather Petrobras, Equinor, Prio, Among Other Suppliers and Energy Executives for Business, Networking, and Employment Opportunities

The Signed Contract Is the First Ever Made for Methanol-Powered Ships Weighing Tons

About the Companies

More About Ships: Petrobras Advances in the Sergipe Deep Waters Project with Contracts for Drillships

At over 8,800 meters above sea level, the summit of Mount Everest is made up of rocks that originated at the bottom of an ocean about 500 million years ago and were pushed to the highest point on Earth by the collision of tectonic plates.

Found in one of the most radioactive places on Earth, this Chernobyl fungus may be doing something with radiation that no one has been able to explain to this day.

The U.S. Army receives the first Black Hawk helicopter that can fly without pilots, be controlled by a tablet, and even land on its own during high-risk missions.

With more than 635,000 doctors, Brazil sees competition increasing in large cities, and recent graduates are competing for shifts at an accelerated pace while the countryside still faces shortages.

What can really trigger large volcanic eruptions? Research suggests that gas returning to the magma may be more dangerous than gas escaping from it.

Goodbye expensive popular car: electric vehicle for less than R$ 70,000 starts being sold in Brazil with a range of 200 km and targets those looking to escape gasoline.

With an investment of R$ 612 million, a capacity to process 1.2 million liters of milk per day, Piracanjuba inaugurates a mega cheese factory that increases national production, reduces dependence on imports, and repositions Brazil on the global dairy map.

USA and China compete for Brazil over resources that could be worth trillions — rare earths put the country at the center of a global dispute

Motorola launched the Signature with a gold seal from DxOMark, tying with the iPhone 17 Pro in camera performance, Snapdragon 8 Gen 5 that surpassed 3 million in benchmarks, and a zoom that impresses even at night.

Satellites reveal beneath the Sahara a giant river buried for thousands of kilometers: study shows that the largest hot desert on the planet was once traversed by a river system comparable to the largest on Earth.

The government requests the Federal Revenue Service for a new system to automate the income tax declaration, reducing errors, time, and bureaucracy for millions of Brazilians.

With 74% of companies facing difficulties in hiring, technicians and engineers in renewable energy are becoming scarce in Brazil and are essential to support the expansion of solar, wind, and green hydrogen projects.

CMA CGM Invests $3 Billion in Methanol and LNG-Powered Container Ships, With Capacities of 15,000 and 23,000 TEUs

The Investment Made by CMA CGM Was Secured by a Contract Signed Between China State Shipbuilding and Provides for the Construction of 16 Methanol and LNG-Powered Container Ships

Major Oil, Gas, and Energy Event Will Take Place in Brazil: Macaé Energy Will Gather Petrobras, Equinor, Prio, Among Other Suppliers and Energy Executives for Business, Networking, and Employment Opportunities

The Signed Contract Is the First Ever Made for Methanol-Powered Ships Weighing Tons

About the Companies

More About Ships: Petrobras Advances in the Sergipe Deep Waters Project with Contracts for Drillships

At over 8,800 meters above sea level, the summit of Mount Everest is made up of rocks that originated at the bottom of an ocean about 500 million years ago and were pushed to the highest point on Earth by the collision of tectonic plates.

Found in one of the most radioactive places on Earth, this Chernobyl fungus may be doing something with radiation that no one has been able to explain to this day.

The U.S. Army receives the first Black Hawk helicopter that can fly without pilots, be controlled by a tablet, and even land on its own during high-risk missions.

With more than 635,000 doctors, Brazil sees competition increasing in large cities, and recent graduates are competing for shifts at an accelerated pace while the countryside still faces shortages.

What can really trigger large volcanic eruptions? Research suggests that gas returning to the magma may be more dangerous than gas escaping from it.

Goodbye expensive popular car: electric vehicle for less than R$ 70,000 starts being sold in Brazil with a range of 200 km and targets those looking to escape gasoline.

With an investment of R$ 612 million, a capacity to process 1.2 million liters of milk per day, Piracanjuba inaugurates a mega cheese factory that increases national production, reduces dependence on imports, and repositions Brazil on the global dairy map.

With 74% of companies facing difficulties in hiring, technicians and engineers in renewable energy are becoming scarce in Brazil and are essential to support the expansion of solar, wind, and green hydrogen projects.

Europe is trying to create an ammonia-powered marine engine without auxiliary fuel, which could unlock the race for giant emission-free ships. The technology aims to eliminate one of the biggest obstacles to clean maritime propulsion.

A 4,500-ton frigate with just over 100 crew members, state-of-the-art radar, and cruise missiles is being touted as the new standard of naval warfare in the 21st century.

The first commercial hydrogen-powered ferry enters operation in the U.S., eliminates the use of diesel, uses fuel cells to generate clean energy on board, and transforms San Francisco Bay into a landmark of the new era of emission-free navigation.

With a length of 121 meters and four rigid sails of 36 meters that automatically rotate to capture the wind, Canopée is the world’s first hybrid industrial cargo ship powered by wind, used to transport rockets and reduce fuel consumption by up to 30% on transoceanic routes.

USA and China compete for Brazil over resources that could be worth trillions — rare earths put the country at the center of a global dispute

Motorola launched the Signature with a gold seal from DxOMark, tying with the iPhone 17 Pro in camera performance, Snapdragon 8 Gen 5 that surpassed 3 million in benchmarks, and a zoom that impresses even at night.

Satellites reveal beneath the Sahara a giant river buried for thousands of kilometers: study shows that the largest hot desert on the planet was once traversed by a river system comparable to the largest on Earth.

The government requests the Federal Revenue Service for a new system to automate the income tax declaration, reducing errors, time, and bureaucracy for millions of Brazilians.

With 74% of companies facing difficulties in hiring, technicians and engineers in renewable energy are becoming scarce in Brazil and are essential to support the expansion of solar, wind, and green hydrogen projects.