EMEA News
CMA CGM Adds Another Methanol-Fuelled Boxship to Fleet
French shipping firm CMA CGM has added another methanol-fuelled container ship to its fleet, following the delivery of another vessel last month.
The latest addition, CMA CGM Gold, has a capacity of 13,000 TEU and can run on conventional fuels as well as methanol, the firm said in a LinkedIn post yesterday.
The vessel is the latest in CMA CGM’s series of 12 sister ships.
It joins CMA CGM Iron, the group’s first dual-fuel methanol vessel, along with CMA CGM Osmium, CMA CGM Silver and CMA CGM Copper.
The container shipping sector has accounted for a large share of methanol-fuelled vessel orders.
The growing number of methanol-capable ships entering service is expected to support demand for marine methanol.
CMA CGM has also recently taken delivery of an LNG-capable container ship, adding another vessel able to operate on an alternative marine fuel.
Key Bunker Prices More
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Singapore | 896.00 | 6.00 | 1254.50 | 11.50 |
| Rotterdam | 692.00 | 9.50 | 1333.00 | 7.00 |
| Houston | 754.50 | 9.00 | 1398.50 | 28.50 |
| Fujairah | 984.50 | 5.00 | 1686.00 | 9.50 |
| EMEA Average | 871.50 | 6.00 | 1658.00 | 22.50 |
| Global 20 Ports Average | 884.50 | 8.00 | 1508.00 | 8.00 |
| Global 4 Ports Average | 831.50 | 7.00 | 1418.00 | 10.50 |
| Global Average Bunker Price | 937.00 | 6.50 | 1573.50 | 6.50 |
Popular Now More
-
Oct 08The incident marks the first reported attack on a vessel in the Gulf, away from the Strait of Hormuz, since September 9. -
Oct 07EIA cites Saudi pipeline attacks and tight diesel markets, and lifts every 2027 quarter by $10/bbl.