Comment / On the wires: CMA CGM leads the (almost) one-horse LNG box ship race

ABB

By Gavin van Marle

04/05/2021

As CMA CGM appears to double down on its strategy of investing in liquified natural gas (LNG)-powered box ships despite a new report from the World Bank that called into question LNG’s potential to fuel a shipping industry that is urgently searching for technical solutions to radically reduce its greenhouse gas emissions (GHGs).

If the report is correct, it will raise doubts over $10bn of investment (including estimates of the value of the latest 12 LNG-powered vessels ordered by CMA CGM) ...

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Topics

CMA CGM Containerships Emissions & Omissions Hapag-Lloyd LNG On the wires SEA/LNG UASC

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