World News
CMA CGM Adds Methanol-Fuelled Boxship to Its Fleet
Monday May 19, 2025
French container line CMA CGM has taken delivery of another 13,000 TEU capacity methanol-capable container vessel.
The CMA CGM Argon has been built by South Korea's Hyundai Samho Heavy Industries, it said in a LinkedIn post last week.
The vessel is the second in a series of 12 vessels ordered. The first vessel, CMA CGM Iron, was delivered in March, with the remaining ships set for delivery by 2026.
These vessels will be equipped with dual-fuel methanol engines, enabling them to run on methanol and conventional marine fuels.
"Their deployment reflects the strength of our long-term industrial partnerships and our ambition to decarbonize shipping at scale," CMA CGM said.
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| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Singapore | 522.00 | 8.00 | 660.50 | 2.50 |
| Rotterdam | 497.00 | 8.00 | 684.50 | 20.50 |
| Houston | 479.50 | 31.50 | 679.00 | 12.00 |
| Fujairah | 515.00 | 3.00 | 723.50 | 5.50 |
| Global 20 Ports Average | 557.50 | 5.00 | 761.50 | 7.50 |
| Global 4 Ports Average | 503.50 | 8.50 | 687.00 | 0.50 |
| Global Average Bunker Price | 595.50 | 7.50 | 803.50 | 9.00 |
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