According to reports, CMA CGM has made another significant investment in alternative-fuel shipping by placing an order for eight additional methanol-fuelled container vessels.
The company has allegedly signed a contract with Shanghai Waigaoqiao Shipbuilding (SWS) for the construction of eight cutting-edge containerships. These vessels, with a capacity of 9,200 twenty-foot equivalent units (TEU), will be powered by methanol, a CMA CGM-favourite alternative fuel.
This considerable order is far from CMA CGM’s first. Last month, Wärtsilä announced that it will supply methanol-fuelled auxiliary engines for six 15,000 TEU container vessels which are being built at the Dalian Shipbuilding yard in China. Moreover, in April, China Chamber of Commerce (CSSC) announced that it signed an agreement with CMA CGM to build 16 large container ships.
The company’s substantial methanol orderbook aligns perfectly with the increasing popularity of methanol and is comparable to that of other major players in the container shipping industry, such as Maersk and Evergreen.
