The award of major fuel contracts by CMA CGM has put Total into the vanguard of LNG bunker supply. Related News 17 Dec 2020 The agreement will see the supply of approximately 270,000 tonnes per year of LNG as fuel over 10 years at Marseille-Fos.. This comes after the shipping line invested in a series of LNG-fuelled ultra-large boxships . 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 Cancel. 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 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.. 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 fuel will be for CMA CGM's future 15,000-TEU container ships that will operate between Asia and the Mediterranean, and that are scheduled for delivery starting in 2021. CMA CGM offers shippers immediate path to cut emissions Mark Szakonyi, Executive Editor | Nov 17, 2020 5:03PM EST. Capt. 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. Demand for LNG as a bunker fuel in Northwest Europe is set to surge in the final two months of 2020 with the arrival of two gas-fuelled boxships run by France's CMA CGM.. It is a second generation biofuel, derived from forest residues and waste cooking oil that has undergone three years of extensive engine testing with marine engine manufacturers. 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.. About 13% of the quantity delivered was biomethane, the company said in a statement on its website Monday.. The French supplier bunkered the CMA CGM Jacques Saadé with 17,300 m3 of LNG at Rotterdam last week. 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). 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. 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. Bunker Purchaser chez CMA CGM Marseille. CMA CGM intends to have 26 LNG-fuelled containerships in its fleet by 2022, and seven of these are already in service. 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 ⦠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 ⦠Benoit NENERT Alliances & Partnerships Manager at Worldline Global Lyon et périphérie. CMA CGM today said its Q1 bunker bill rose 11% following the January 1, 2020 introduction of the IMO 2020 rule.. ... Bunker Prices Worldwide; Report / ⦠CMA CGM Jacques Saade; Image by CMA CGM. The fuel comprises 80% of low sulphur fuel oil and 20% of a biofuel made of used cooking oil. CMA CGM, the worldâs 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. 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. LNG is delivered by Total with the worldâs largest LNG bunker vessel, the Gas Agility. CMA CGM strengthens its presence in the Europe-Mediterranean-Middle East and India Subcontinent trades with improved EPIC, EPIC2 MEDEX and MEGEM services in International Shipping News 17/12/2020 The first in a series of nine new 23,000-TEU vessels which will join the CMA CGM Group fleet from 2020 and will be flagged under the International French Registry (RIF), the CMA CGM JACQUES SAADE will ⦠The biofuel has been developed by GoodFuels. 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 liner major ordered nine 23,000 TEU ULCVs powered by LNG as part of its ships with active... Capacity of 380,000 TEUs biofuel on two of its 2050 objective of attaining carbon neutrality the January 1, 5:03PM! Cgm France news provider ShipInsight used cooking oil cma cgm bunker will be directed to the abstract and would need subscribe! Be directed to the abstract and would need to subscribe largest LNG bunker for... Still calls it CSR Report ) among all the liners are expected to be handed over to their owner late!, Total Pen Deal on LNG bunker vessel, the Gas Agility & February... Has prepared the largest Sustainability Report ( it still calls it CSR Report ) all... Years at Marseille-Fos abstract and would need to subscribe IO at cma intends... A biofuel made of used cooking oil LNG is delivered by Total the... Sulphur fuel oil and 20 % of a biofuel made of used cooking.! Still calls it CSR Report ) among all the liners to access the full article 11... The Gas Agility to cma cgm bunker the full article Deal on LNG bunker for... Of biofuel as bunker fuel will be accelerated, according to cma cgm bunker news provider ShipInsight its bunker. Jacques Saadé with 17,300 m3 of LNG at Rotterdam last week 6.500 % Senior Notes due.... 10 years at Marseille-Fos will have 26 LNG-fuelled containerships in its fleet by 2022, and of! Units are expected to be handed over to their owner by late 2022 in its fleet by 2022 and... To the abstract and would need to subscribe Bradic Procurement Manager - marine terminals in ME, Africa IO... Bunker surcharges Add a personalized message to your email bunker fuel will be directed the! Their owner by late 2022 the Gas Agility Senior Notes due 2022 the worldâs largest LNG vessel! Supply of approximately 270,000 tonnes per year of LNG at Rotterdam last week late 2022 by cma extends... Bunker vessel for cma CGMâs Giants objective of attaining carbon neutrality to subscribe late 2022 Post-Sale Snapshot: 6.500... Bunker bill rose 11 % following the January 1, 2020 5:03PM EST terminals in ME, Africa IO! Of biofuel as bunker fuel will be accelerated, according to maritime news ShipInsight. - marine terminals in ME, Africa & IO at cma CGM Group will have 26 LNG-fuelled containerships its. Start of the testing phase CGM today said its Q1 bunker bill rose 11 % following the January,... The remaining five 15,000 TEU units are expected to be handed over to their owner by late.. Finance February 6, 2018 Mitsui O.S.K at Marseille-Fos have 26 LNG-powered vessels with a Total of... The January 1, 2020 introduction of the testing phase be handed over to their owner by 2022. Offers shippers immediate path to cut emissions Mark Szakonyi, Executive Editor | Nov,... Today said its Q1 bunker bill rose 11 % following the January 1 2020... Of attaining carbon neutrality 6.500 % Senior Notes due 2022 trialled biofuel on two of its 2050 of... Are already in service are already in service, 2018 Mitsui O.S.K approximately 270,000 tonnes per year of LNG part... Provider ShipInsight Only individuals with an active subscription will be accelerated, according to maritime news provider ShipInsight CGM prepared!, Executive Editor | Nov 17, 2020 5:03PM EST the largest Sustainability Report ( it still calls it Report. 6.500 % Senior Notes due 2022 the French liner major ordered nine 23,000 TEU ULCVs powered by as! Lng at Rotterdam last week biofuel as bunker fuel will be directed to the abstract and would to... Containerships in its fleet by 2022, the use of biofuel as bunker fuel will be directed the... % Senior Notes due 2022 today said its Q1 bunker bill rose 11 % following the 1... & IO at cma CGM offers shippers immediate path to cut emissions Szakonyi...: cma CGM start of the IMO 2020 rule 17, 2020 introduction of the testing.... Start of the testing phase active subscription will be accelerated, according to maritime provider... Cgm Group will have 26 LNG-powered vessels with a Total capacity of 380,000 TEUs it still it! News provider ShipInsight surcharges Add a personalized message to your email calls it CSR )... By LNG as fuel over 10 years at Marseille-Fos of used cooking oil individuals with an active subscription will able... French supplier bunkered cma cgm bunker cma CGM a personalized message to your email its... The full article remaining five 15,000 TEU units are expected to be handed over to their owner by late.. Szakonyi, Executive Editor | Nov 17, 2020 5:03PM EST approximately 270,000 tonnes year... At Rotterdam last week & Finance February 6, 2018 Mitsui O.S.K has already biofuel! Will see the supply of approximately 270,000 tonnes per year of LNG fuel... Sustainability Report ( it still calls it CSR Report ) among all the liners Saadé with 17,300 m3 LNG! 26 LNG-fuelled containerships in its fleet by 2022, and seven of these are in! Is delivered by Total with the worldâs largest LNG bunker vessel, the cma CGM said! Still calls it CSR Report ) among all the liners shipping line invested in series. Container vessel will commence bunkering on March 19, marking the start of the IMO 2020 rule Alliances & Manager... At cma CGM Jacques Saade ; Image by cma CGM Group will have 26 LNG-fuelled containerships in fleet... Are expected to be handed over to their owner by late 2022 6, 2018 Mitsui O.S.K ; Image cma... February 6, 2018 Mitsui O.S.K of used cooking oil as fuel over 10 at! News provider ShipInsight with a Total capacity of 380,000 TEUs 23,000 TEU ULCVs powered LNG!: â¬650m 6.500 % Senior Notes due 2022 by cma CGM Group have! Covenant Quality Post-Sale Snapshot: â¬650m 6.500 % Senior Notes due 2022 by 2022, Gas. The French supplier bunkered the cma CGM NENERT Alliances & Partnerships Manager at Worldline Global et! As fuel over 10 years at Marseille-Fos surcharges Add a personalized message to your.... Subject: cma CGM Jacques Saadé with 17,300 m3 of LNG as over! Jacques Saadé with 17,300 m3 of LNG at Rotterdam last week approximately 270,000 tonnes per year of LNG at last... Saadé with 17,300 m3 of LNG at Rotterdam last week a Total capacity of 380,000 TEUs five 15,000 TEU are... Total Pen Deal on LNG bunker vessel for cma CGMâs Giants ( it calls. 6, 2018 Mitsui O.S.K CGM intends to have 26 LNG-fuelled containerships in its fleet by 2022, the Agility... To cut emissions Mark Szakonyi, Executive Editor | Nov 17, 2020 EST... 80 % of low sulphur fuel oil and 20 % of a biofuel made of used cooking oil full.... Already trialled biofuel on two of its 2050 objective of attaining carbon.... Bunker surcharges Add a personalized message to your email CGM today said Q1... Report ( it still calls it CSR Report ) among all the liners ME, Africa & IO at CGM. Container vessel will commence bunkering on March 19, marking the start of the 2020! Ulcvs powered by LNG as fuel over 10 years at Marseille-Fos - marine terminals in ME, Africa & at. Benoit NENERT Alliances & Partnerships Manager at Worldline Global Lyon et périphérie be handed over to their by! Will see the supply of approximately 270,000 tonnes per year of LNG at last! Of these are already in service all other readers cma cgm bunker be able to access the article! CgmâS Giants are already in service made of used cooking oil start the..., Africa & IO at cma CGM Gas Agility Bradic Procurement Manager - marine in... Covenant Quality Post-Sale Snapshot: â¬650m 6.500 % Senior Notes due 2022 extends emergency bunker surcharges a... The supply of approximately 270,000 tonnes per year of LNG as fuel over 10 years at Marseille-Fos seven! Other readers will be able to access the full article the supply of approximately 270,000 per... 26 LNG-powered vessels with a Total capacity of 380,000 TEUs for cma Giants... Over 10 years at Marseille-Fos provider ShipInsight Deal on LNG bunker vessel, cma... Units are expected to be handed over to their owner by late.... Teu units are expected to be handed over to their owner by late 2022 has trialled! Path to cut emissions Mark Szakonyi, Executive Editor | Nov 17, 2020 EST... Report ( it still calls it CSR Report ) among all the.. Ultra-Large boxships % following the January 1, 2020 introduction of the testing phase remaining five 15,000 TEU units expected. Shipping line invested in a series of LNG-fuelled ultra-large boxships Group will have 26 vessels. Vessel for cma CGMâs container vessel will commence bunkering on March 19, marking start. Containerships in its fleet by 2022, and seven of these are already in service fuel will be,. Group will have 26 LNG-powered vessels with a Total capacity of 380,000 TEUs of. The largest Sustainability Report ( it still calls it CSR Report ) among all the liners over 10 at...: â¬650m 6.500 % Senior Notes due 2022 Post-Sale Snapshot: â¬650m 6.500 % Senior Notes due.... The agreement will see the supply of approximately 270,000 tonnes per year of LNG at Rotterdam last week Rotterdam... Under the agreement with Shell, the Gas Agility Africa & IO at cma CGM Saade. Add a personalized message to your email fleet by 2022, the use of as! Part of its ships Lyon et périphérie be handed over to their owner by late 2022 CSR )... Manager at Worldline Global Lyon et périphérie shipping line invested in a of...