In line with CMA CGM’s earlier announcement that it would opt for both LNG and scrubbers to achieve compliance with 2020 sulphur cap, the French shipping company has now set its newbuilding orders, split between the two options.
Last week, CMA CGM put an order at China State Shipbuilding Corporation (CSSC) for ten 15,500 TEU vessels, five of which have been reported at Jiangnan with 10,000 cbm LNG tanks and the other five with scrubbers fitted, according to data provided by Fearnleys Weekly Report.
The price orders reported are estimated at $130 million and $ 110 million, respectively.
IMO’s 0,5% sulphur cap, to take effect from 1st January 2020, mandates that ships must run on fuel containing no more than 0,5% m/m of sulphur, unless they have a scrubber fitted.
The container shipping group said in an official statement in September that the measures it would take to achieve compliance with IMO’s environmental regulations would represent a major additional cost estimated at an average of 160 USD / TEU.
This additional cost will be taken into account through the application or adjustment of fuel surcharges on a trade-by-trade basis.