Electrolux picks CMA CGM’s LNG solution

Swedish home appliance maker Electrolux said it has signed a shipping deal with French giant CMA CGM for the latter’s LNG-powered containerships.

Electrolux said in a statement would use CMA CGM’s “Cleaner Energy LNG solution” based on LNG and guarantee of origin biomethane, reducing greenhouse gas emissions by 25 percent compared with bunker fuel.

Besides partnering with CMA CGM, Electrolux also signed a deal with Denmark’s Maersk which involves using a second-generation biofuel that is a blend of used cooking oil and standard fuel.

Under these deals, the two firms would each transport 40,000 twenty-foot equivalent containers (TEU) as Electrolux looks to slash its shipping emissions.

“By promoting more sustainable shipping practices, we demonstrate that we are serious about reducing our carbon footprint and working together across industries to drive the market for low-emission fuels,” Vanessa Butani, Electrolux VP sustainability, said.

CMA CGM is heavily investing in LNG-powered containerships.

The group’s fleet currently consists of 26 LNG-powered vessels. This fleet will grow to at least 44 vessels by the end of 2024.

Most Popular

Atlantic LNG shipping rates, European prices down

Atlantic LNG freight shipping rates and European prices decreased this week compared to the week before.

Glenfarne becomes majority owner of Alaska LNG

US energy firm Glenfarne has signed definitive agreements with state-owned Alaska Gasline Development Corporation to become the majority owner of the giant Alaska LNG export project.

Petronas to supply LNG to PetroVietnam Gas

Malaysian energy giant Petronas will supply liquefied natural gas (LNG) to PetroVietnam Gas, a unit of state-owned PetroVietnam, next month. The two firms will also look into the possibility of signing long-term LNG contracts.

More News Like This

CMA CGM’s LNG-powered giant nears delivery in China

CMA CGM's first in a new series of 23,000-teu LNG dual-fuel containerships has completed its trials, according to Chinese shipbuilder Hudong-Zhonghua.

CMA CGM books more LNG-powered containerships in China

French shipping giant CMA CGM, one of the world's largest backers of LNG fuel, has ordered a new batch of LNG dual-fuel container vessels at China's Jiangnan Shipyard.

CMA CGM inks LoI for LNG-powered containerships

CMA CGM and CSSC's Jiangnan Shipyard recently signed the LoI, sources told LNG Prime on Wednesday. According to the sources,...

Hudong-Zhonghua floats out CMA CGM’s LNG-powered giant

China’s Hudong-Zhonghua has launched the second in a new series of 23,000-teu LNG dual-fuel containerships for French shipping giant...