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

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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.

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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.

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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

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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 just 14 years old, a boy creates a system without energy, using steel pipes buried in the ground, that irrigates seedlings with moisture from the air, to combat the water scarcity threatening reforestation in northern China.

Where there was only sand and wind at 40 degrees, China built a megacity of 500,000 inhabitants with farms, wineries, and universities in the middle of the desert using melted glacier water from hundreds of kilometers away.

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.

Researchers in the U.S. have created a flying robot that transforms into a land vehicle while still in the air. The technology, based on aerodynamic transition, converts landing into a scene worthy of Transformers and redefines mobility between sky and ground.

A mega fault in the USA could trigger the largest earthquake in history and generate a devastating tsunami along more than 965 km between Canada and California.

GoodWe and Becker Dairy reduce consumption by 70% with a solar system and generate savings of over R$ 200,000 in a project with 75 kW HT inverters and more than 400 photovoltaic modules.

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