World News
CMA CGM Adds New Methanol-Fuelled Boxship to Fleet
French container shipping company CMA CGM has taken delivery of another dual-fuel methanol container ship.
The 15,000 TEU vessel, CMA CGM Esmeralda, was named at a ceremony at Jiangnan Shipyard in China, the shipbuilder said in a LinkedIn post on Friday.
The ship is the fourth in a series being built for CMA CGM by Jiangnan Shipyard.
CMA CGM has been steadily expanding its methanol-fuelled fleet, taking multiple deliveries.
The company also received another 13,000 TEU container ship earlier this month.
The container segment has led orders for methanol-fuelled newbuilds. With a growing number of methanol-powered boxships on order, ports will need to scale up the availability of green methanol quickly to meet the resulting surge in demand.
Key Bunker Prices More
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Singapore | 963.00 | 26.00 | 1351.50 | 10.50 |
| Rotterdam | 766.00 | 3.00 | 1446.00 | 11.50 |
| Houston | 817.00 | 11.50 | 1421.00 | 1.00 |
| Fujairah | 981.00 | 12.00 | 1768.50 | 17.50 |
| Global 20 Ports Average | 929.50 | 10.50 | 1565.00 | 13.00 |
| Global 4 Ports Average | 882.00 | 13.50 | 1496.50 | 9.50 |
| Global Average Bunker Price | 978.50 | 20.00 | 1616.50 | 18.50 |
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