CMA CGM chooses LNG as fuel for big ship order
PARIS (Reuters) — Container shipping group CMA CGM said on Tuesday that it had decided to use LNG to power nine extra-large vessels it has ordered, in what would be a first for the industry.
CMA CGM had announced in September the order for nine giant ships, but said it had not yet chosen what fuel to adopt.
LNG has been touted as a solution for shipping firms as an alternative to bunker fuel before new international standards on fuel emissions take effect in 2020.
Reporting by Gus Trompiz; Editing by Sudip Kar-Gupta
According to GIIGNL’s 2018 Annual Report, global LNG trade expanded by 3.5 Bft3d in 2018, to 38.2 Bft3d—a record 10% increase.
Power, LNG projects drive pipeline construction in Africa
Increasing public investment in gas-fired power plants in Africa, the continuing recovery in global oil prices and persistent insecurity in key producer markets, such as Nigeria, are likely to impact gas transmission pipeline projects on the continent, even as more international companies express interest in the region’s stranded gas resources.
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