CMA CGM braces for an even greater financial hit from French windfall tax
French MPs have amended a bill before parliament that would make a temporary windfall tax ...
AAPL: SHIFTING PRODUCTIONUPS: GIVING UP KNIN: INDIA FOCUSXOM: ANOTHER WARNING VW: GROWING STRESSBA: OVERSUBSCRIBED AND UPSIZEDF: PRESSED ON INVENTORY TRENDSF: INVENTORY ON THE RADARF: CEO ON RECORD BA: CAPITAL RAISING EXERCISEXPO: SAIA BOOSTDSV: UPGRADEBA: ANOTHER JUMBO FUNDRAISINGXPO: SAIA READ-ACROSSHLAG: BOUYANT BUSINESS
AAPL: SHIFTING PRODUCTIONUPS: GIVING UP KNIN: INDIA FOCUSXOM: ANOTHER WARNING VW: GROWING STRESSBA: OVERSUBSCRIBED AND UPSIZEDF: PRESSED ON INVENTORY TRENDSF: INVENTORY ON THE RADARF: CEO ON RECORD BA: CAPITAL RAISING EXERCISEXPO: SAIA BOOSTDSV: UPGRADEBA: ANOTHER JUMBO FUNDRAISINGXPO: SAIA READ-ACROSSHLAG: BOUYANT BUSINESS
Evergreen is planning to order ten dual-fuelled 15,000 teu neo-panamax ships in 2023 in its bid to achieve net-zero carbon emissions by 2050.
Company director Chang Kuo-hua told Taiwanese newspapers last week that Maersk Line and CMA CGM had already ordered dual-fuelled environmentally friendly containerships, Maersk opting for methanol and CMA CGM, LNG.
Mr Chang said he admired Maersk goal of achieving net-zero carbon emissions by 2040, 10 years earlier than the 2050 standard, adding: “As a leader in the maritime industry, Maersk is sailing in the right direction.”
A spokesperson confirmed to The Loadstar that to achieve Mr Chang’s goal of net-zero by 2050 “Evergreen has been working closely with shipyards and relevant suppliers to develop a green fleet of new-generation ships powered by clean energy, supporting the carbon reduction targets of the global shipping industry”.
Mr Chang also said that, while bunker prices had shot up in tandem with the impact of the Russia-Ukraine war on oil prices, the situation was manageable, as liner operators had implemented bunker surcharges to factor-in the escalating fuel costs.
Evergreen has a total capacity of 1.5m teu and, with more than 40 ships on order, will have more than 500,000 teu within the next three years.
Meanwhile, the carrier has consolidated the agency services of its affiliate, Evergreen International, bringing the agency business into Evergreen Marine Corporation’s remit.
The Taiwanese liner operator’s spokesperson said: “This is part of Evergreen Line’s streamlining of its global agencies into its liner business since 2017, in order to enhance the operational performance, as well as lowering administration costs.”
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