MOL, Total Pen Deal on LNG Bunker Vessel for CMA CGM’s Giants. 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 … Benoit NENERT. 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). Box shipping giant CMA CGM has signed a second major LNG bunker supply deal with Total.. CMA CGM today said its Q1 bunker bill rose 11% following the January 1, 2020 introduction of the IMO 2020 rule.. 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 CMA CGM has already trialled biofuel on two of its ships. Please Note: Only individuals with an active subscription will be able to access the full article. Cancel. The CMA CGM TENERE took on its first LNG bunkers at Rotterdam last week, according to a statement on the French liner's website. Capt. 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 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. The agreement will see the supply of approximately 270,000 tonnes per year of LNG as fuel over 10 years at Marseille-Fos.. 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.. CMA CGM Jacques Saade; Image by CMA CGM. CMA CGM intends to have 26 LNG-fuelled containerships in its fleet by 2022, and seven of these are already in service. 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. 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 … Last week, the company’s first 23,000 TEU LNG-fuelled containership Jacques Saadé was fuelled with 17,300 cubic metres (cbm) of LNG by Total’s new bunker vessel Gas Agility , marking the world’s largest LNG bunker operation to date. About 13% of the quantity delivered was biomethane, the company said in a statement on its website Monday.. Ivica Bradic. Send. Bunker Purchaser chez CMA CGM Marseille. This comes after the shipping line invested in a series of LNG-fuelled ultra-large boxships . 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. Related News 17 Dec 2020 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 … The remaining five 15,000 TEU units are expected to be handed over to their owner by late 2022. By giving customers a chance to designate shipments for delivery on ships generating fewer emissions than those powered by bunker fuel, CMA CGM is able to capitalize on its unique assets: LNG-powered ships. 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 S.A.: Covenant Quality Post-Sale Snapshot: €650m 6.500% Senior Notes due 2022. Moody's Investors Service 13 Jul 2017 Announcement Moody's: EMEA companies' search for revenue and margin growth will drive M&A into 2018. CMA CGM offers shippers immediate path to cut emissions Mark Szakonyi, Executive Editor | Nov 17, 2020 5:03PM EST. 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. Business & Finance February 6, 2018 Mitsui O.S.K. Due to the significant increase in bunker prices since the beginning of the year and to keep ensuring the highest quality of service to its customers, CMA CGM Group will recover bunker costs through its bunker related surcharges* which will be applied to all cargo on all Worldwide trades with the following implementation dates and amounts: 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. The French liner major ordered nine 23,000 TEU ULCVs powered by LNG as part of its 2050 objective of attaining carbon neutrality. Benoit NENERT Alliances & Partnerships Manager at Worldline Global Lyon et périphérie. The award of major fuel contracts by CMA CGM has put Total into the vanguard of LNG bunker supply. Under the agreement with Shell, the use of biofuel as bunker fuel will be accelerated, according to maritime news provider ShipInsight. 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.. 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. The company is on track with the International Maritime Organization requirement to reduce its carbon emissions per transport work by at least 40% from 2008's levels by 2030, and will aim to be carbon neutral by 2050, it said in a statement on its website. The French supplier bunkered the CMA CGM Jacques Saadé with 17,300 m3 of LNG at Rotterdam last week. LNG is delivered by Total with the world’s largest LNG bunker vessel, the Gas Agility. 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 … Like its sister ships, CMA CGM Champs Elysees will bunker LNG from the MOL-owned and Total-chartered Gas Agility that arrived in Rotterdam in August this year. Lines (MOL) and Total Marine Fuels Global Solutions (TMFGS) have signed a long-term charter contract for a large LNG bunker vessel of 18,600 cbm. The CMA CGM JACQUES SAADE, a ship of exceptional size! French container line CMA CGM aims for alternative bunker fuels to make up 10% of its energy supply by 2023, the company said Wednesday.. CMA CGM’s container vessel will commence bunkering on March 19, marking the start of the testing phase. CMA CGM has prepared the largest Sustainability Report (it still calls it CSR Report) among all the liners. Ivica Bradic Procurement Manager - marine terminals in ME, Africa & IO at CGM! 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