French transport big CMA CGM has reportedly positioned one other important order for methanol-powered containerships, bringing its methanol-fueled orderbook to 34 ships by our unofficial rely.

In keeping with media reviews, the privately-held firm has ordered eight 9,200 TEU ships from Shanghai Waigaoqiao Shipbuilding (SWS) in China with deliveries scheduled for 2027. The order is reportedly valued at $1 billion.

The order would mark CMA CGM’s fourth spherical of dual-fuel methanol newbuildings since final 12 months, following six 15,000 TEU ships ordered at Dalian Shipbuilding (China), a dozen 13,000 TEU ships ordered at Hyundai Samho (South Korea), and 6 15,000 TEU ships order at Jiangnan Shipyard (China).

With this newest order, CMA CGM’s orderbook now stands at 123 ships, representing a capability of 1.2 million TEUs, and locations it on observe to probably surpass Maersk because the world’s second-largest container transport line.

Till just lately, CMA CGM has primarily targeted on LNG-powered newbuilds, which have the potential to be transformed to biomethane and artificial methane (e-methane) sooner or later. The corporate acknowledges that though LNG isn’t a long-term resolution for eliminating greenhouse fuel (GHG) emissions, it does provide near-term advantages, together with diminished fantastic particle emissions, sulfur oxide emissions, and nitrogen oxide emissions, and believes that LNG is presently the very best gasoline choice for lowering the environmental influence of its ships.

Final week, that CMA CGM and Maersk can be becoming a member of forces to hurry up the power transition in transport by working collectively to develop various inexperienced fuels, together with however not restricted to inexperienced methanol (bio/e-methanol) and bio/e-methane.

At this level it’s unclear if CMA CGM opts to make use of inexperienced methanol, which counterpart Maersk has dedicated to for its 25 methanol-powered newbuilds, or conventional methanol produced from pure fuel for its newbuilds.