CMA CGM, Evergreen, HMM, and Maersk eye LNG-powered containership orders

France's CMA CGM, Taiwan's Evergreen, South Korea's HMM, and Denmark's Maersk are all looking to order LNG dual-fuel containerships at yards in China and South Korea, according to shipbuilding sources.

The sources told LNG Prime on Tuesday that CMA CGM is expected to sign a letter of intent soon with China’s Dalian Shipbuilding (DSIC).

The LoI is for six firm and four optional LNG dual-fuel containerships with a capacity of about 22,000 teu, they said.

These vessels are expected to be worth less than $210 million per unit.

CMA CGM is one of the world’s biggest backers of LNG as fuel.

By 2029, CMA CGM’s dual-fuel fleet will include at least 162 vessels, including 24 methanol-powered, all designed to run on fuels such as bio-methane, e-methane, and green methanol.

On the other hand, Evergreen also launched a tender inviting yards to submit bids for LNG dual-fuel vessels.

Evergreen seeks 14 LNG dual-fuel vessels with a capacity of 14,000 teu, the sources said.

Earlier this year, Evergren ordered 11 LNG dual-fuel containerships with a capacity of 24,000 teu from South Korea’s Hanwha Ocean and China’s Guangzhou Shipyard International (GSI).

These vessels are each worth about $265 million.

In addition to Evergreen, HMM launched a tender for LNG dual-fuel vessels.

The South Korean shipping firm is looking for six firm plus six optional LNG dual-fuel container ships, the sources said.

Maersk also seems to be continuing to expand its LNG-dual fleet.

The shipping giant is looking to order about eight LNG dual-fuel vessels with a capacity of 16,000 teu, the sources said.

In August last year, Maersk announced it was in the process of signing newbuilding orders and charter deals for up to 60 dual-fuel containerships, including LNG dual-fuel vessels.

This move represented a significant turn for the shipping company which had been one of the biggest supporters of methanol-powered ships.

In December, Maersk ordered LNG dual-fuel vessels at China’s Yangzijiang Shipbuilding and South Korea’s Hanwha Ocean.

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