CMA CGM orders new LNG-powered giants in China

French shipping giant CMA CGM has ordered four more ultra-large LNG-powered containerships and also methanol-fueled vessels at CSSC’s yards in China. The orders are worth more than $3.05 billion.

Shipbuilding sources told LNG Prime on Friday that Hudong-Zhonghua will build four 23,000-teu LNG dual-fuel containerships for CMA CGM.

LNG Prime reported on March 23 that CMA CGM was looking to order more LNG-powered giants, as well methanol-fueled vessels in China and South Korea.

Hudong-Zhonghua and Jiangnan already built nine 23,000-teu LNG dual-fuel containerships for CMA CGM.

In June 2021, CMA CGM welcomed the ninth and the last vessel in this series, Sorbonne, in its fleet.

These 400 meters long and 61 meters wide LNG-powered giants feature WinGD’s dual-fuel engines and GTT’s 18,600-cbm fuel tank.

Last year, CMA CGM also ordered four LNG-powered 23,000-teu containerships with the same specifications at Hudong-Zhonghua as well.

Each of these containerships has a price tag of about $250 million and they are scheduled for delivery in 2025 and 2026.

Methanol-fueled vessels

China Chamber of Commerce to the EU said in a social media post that CMA CGM signed the new deals during President Macron’s visit to China on April 6.

Besides the four LNG dual-fuel 23,000-teu vessels, the order includes 12 15,000-teu methanol dual-fuel vessels.

The sources said that Jiangnan will build six methanol-powered vessels, while local media reports suggest that DSIC will also build six vessels.

CMA CGM orders new LNG-powered giants in China1
Image: Jiangnan

Jiangnan confirmed in a statement on Saturday that the deals include four LNG dual-fuel 23,000-teu vessels and 12 15,000-teu methanol dual-fuel vessels.

The shipbuilder said this is the first ever order for CSSC for methanol-fueled containerships and the largest containerships order.

Jiangnan said it will build six of these 366 meters long methanol dual-fuel vessels and the total order is worth more than 21 billion yuan ($3.05 billion).

More LNG-powered giants

Besides these four LNG-powered giants, CMA CGM is said to be looking to order more such vessels, the sources said.

This includes up to ten 23,000-teu LNG dual-fuel containerships.

The sources said that Hudong-Zhonghua, Yangzijiang Shipbuilding, and South Korean shipbuilder Daewoo Shipbuilding and Marine Engineering could potentially build these vessels.

(Article updated to include a statement by Jiangnan and more information on additional LNG-powered vessels.)

Most Popular

Cedar FLNG launched in South Korea

South Korea’s Samsung Heavy Industries has launched Cedar LNG's floating LNG production unit, which will be installed in Kitimat on Canada’s West Coast.

India’s Petronet LNG declares force majeure to offtakers

India's largest LNG importer has declared force majeure to its offtakers after it received a notice from state-owned QatarEnergy, which on Monday stopped production at its giant Ras Laffan LNG plant due to attacks.

BP submits lowest bid in Pakistan LNG tender

A unit of UK-based energy giant BP has submitted the lowest bid in a tender to supply Pakistan with one spot LNG shipment this week.

More News Like This

Cosco Shipping orders LNG carrier quartet for charter to Shell

China's Cosco Shipping Energy Transportation, Cosco's shipping arm, has ordered four LNG carriers at compatriot shipbuilder Jiangnan. Following delivery, the vessels will serve charter deals with a unit of UK-based LNG giant Shell.

Adnoc L&S eyes more LNG carrier orders in China and South Korea

UAE’s Adnoc L&S, a unit of state-owned energy giant Adnoc, is expected to order more liquefied natural gas (LNG) carriers in China and South Korea soon, according to shipbuilding sources.

Yangzijiang delivers LNG-powered giant to CMA CGM

China’s Yangzijiang Shipbuilding has delivered the first of ten ultra-large LNG dual-fuel container vessels to French shipping giant CMA CGM.

Petronas, MISC seal 20-year charter deal for LNG carrier quintet

Malaysian energy giant Petronas has signed a 20-year time charter agreement with its unit MISC for five newbuild 174,000-cbm liquefied natural gas (LNG) carriers.