Shell inks deal to bunker CMA CGM’s LNG-powered containerships in Singapore

Energy giant Shell will supply liquefied natural gas to CMA CGM’s LNG-powered containerships in Singapore under a new deal revealed on Tuesday.

Under the multi-year bunkering deal, Shell will deliver LNG to CMA CGM’s 13,000-teu vessels in the Port of Singapore, starting from the second half of 2023, according to a statement.

Singapore’s FueLNG, a joint venture consisting of Keppel Offshore & Marine and Shell, will conduct these simultaneous LNG bunkering operations.

The JV already provides LNG via the 7,500-cbm vessel, FueLNG Bellina, to CMA CGM’s vessels. This also includes Asia’s first ship-to-containership LNG bunkering conducted last year.

Besides this vessel, Shell said an 18,000-cbm LNG bunker vessel that will come into service in 2023 will also deliver LNG to CMA CGM’s containerships, further enhancing the reliability of its LNG bunkering operations.

Decarbonization

In addition to the bunkering deal, Shell and CMA CGM signed a memorandum of understanding to accelerate decarbonizing the marine sector.

The memorandum includes the advancement of low-carbon marine fuels, such as liquid biofuels, bio/e-methane (to LNG), bio/e-methanol, for new and existing vessels.

Also, the partners will work on the delivery of innovative technical solutions, which include LNG and hydrogen blending, methane slip abatement technologies and fuel cell technology development.

Shell also said that the memorandum includes exploring voluntary and mandated trading mechanisms for carbon credits and joint advocacy for net zero-emissions policies.

As Shell and CMA CGM are long standing partners, both companies plan to extend their partnership to the road and aviation sectors in the future, the statement said.

“CMA CGM continues to see the potential in LNG as a marine fuel, so it is a hugely positive step to be extending our supply commitments in this area,” Tahir Faruqui, head of Downstream LNG at Shell, said.

“LNG is a fuel in transition and offers a credible pathway to liquefied biomethane and the hydrogen-based fuel liquefied e-methane; both having the potential of being net zero,” he said.

Most Popular

Worley clinches EPC gig for Venture Global’s CP2 LNG expansion project

Australian engineering firm Worley has signed a reimbursable engineering, procurement, and construction (EPC) contract for Venture Global’s CP2 LNG expansion project in Louisiana.

Excelerate seals Bahamas LNG deal

US FSRU player Excelerate has signed an 11-year LNG supply agreement with AxDo, a joint venture between Axpo and Bahamas-based energy and maritime logistics company Domicisle LNG, supporting development of the Bahamas LNG hub.

Vopak moving forward with permitting process for Australian LNG import project

Dutch independent storage tank firm Vopak is moving forward with the permitting process for its planned FSRU-based LNG import facility in Australia’s Victoria state, according to CEO Dick Richelle.

More News Like This

Peru LNG sent five shipments in October

Peru LNG’s liquefaction plant at Pampa Melchorita shipped five liquefied natural gas cargoes in October, one cargo more compared to the previous month, according to shipment data by state-owned Perupetro.

Shell to sell NWS LNG stake to XRG

UK-based LNG giant Shell has agreed to sell its stake in the Woodside-led North West Shelf LNG project in Western Australia to Adnoc’s investment unit XRG.

Metlen, Shell seal LNG supply deal

Greece’s Metlen Energy & Metals has signed a binding five-year deal to buy liquefied natural gas (LNG) from a unit of UK-based LNG giant Shell.

Venture Global launches commercial ops of first Plaquemines LNG phase

US LNG exporter Venture Global has started commercial operations of the first phase of its second LNG export project, Plaquemines LNG, and LNG sales to the first phase’s long-term customers.