CMA CGM inks LoI for LNG-powered containerships

French shipping giant CMA CGM, one of the world's largest backers of LNG fuel, has signed a letter of intent with a Chinese shipbuilder to build a new batch of LNG dual-fuel container vessels, according to shipbuilding sources.

This story requires a subscription

Get 12 months of full digital access to LNG Prime for only $295 instead of $600.
This includes a single user license.
Check our FAQ for more info. For group subscriptions please contact us.

Most Popular

Abaxx sees significant volume growth in its LNG futures

Abaxx Commodity Futures Exchange, a wholly owned subsidiary of Abaxx Technologies (CBOE:ABXX) has seen significant volume growth in its physically deliverable LNG futures during the past summer months, according to Abaxx Exchange Chief Commercial Officer Joe Raia.

GTT develops new LNG fuel tank

French LNG containment giant GTT has developed a new cubic-shaped LNG fuel tank for commercial vessels, with a particular focus on LNG-fueled container vessels.

Another steam LNG carrier sold for demolition

An NYK-managed steam liquefied natural gas (LNG) carrier has been sold for demolition, according to brokers.

More News Like This

Jiangnan gets OK for LNG carrier with type B tanks

China’s Jiangnan Shipyard has received approvals from classification societies ABS for a 175,000-cbm liquefied natural gas (LNG) carrier equipped with "Brilliance II" type B LNG tanks.

CMA CGM’s LNG-powered giant floated out in China

China’s Hudong-Zhonghua has launched the third in a new series of 24,000-teu LNG dual-fuel containerships for French shipping giant CMA CGM.

CMA CGM, Evergreen, HMM, and Maersk eye LNG-powered containership orders

France's CMA CGM, Taiwan's Evergreen, South Korea's HMM, and Denmark's Maersk are all looking to order LNG dual-fuel containerships at yards in China and South Korea, according to shipbuilding sources.

CMA CGM to invest in Vanguard to secure bio-LNG for its vessels

French shipping giant CMA CGM will make a minority investment in US-based renewable natural gas producer Vanguard Renewables, a part of BlackRock's GIP, to secure bio-LNG supplies for its large fleet of dual-fuel vessels.