Another Challenging Year Ahead for Container Shipping, Drewry Says

By Mike Wackett (The Loadstar) - 2020 will prove another challenging year for ocean carriers in terms of capacity management, according to Drewry. Although the consultant claimed the industry would be able to cope. Drewry calculates that 1.2m teu of capacity will be added to the fleet this year, of which almost half comprises 23 20,000-plus teu ULCVs for HMM, CMA CGM and … [Read more...]

CMA CGM Leads Container Lines in Switch to LNG Fuel

By Mike Wackett (The Loadstar) - CMA CGM shortsea subsidiary Containerships has received its fourth LNG-powered vessel, the 1,380 teu Containerships Arctic. The vessel will bunker with approximately 200 tons of LNG at Rotterdam and will be deployed on the intra-European carrier’s Baltic service after a period covering for CMA CGM on its Baltic feeder service network. The … [Read more...]

Shell Supply Deal to Boost CMA CGM’s Use of Low-Sulphur Biofuel

PARIS, Dec 12 (Reuters) - Container shipping group CMA CGM is to increase its use of sustainable marine bio-fuel oil through a supply deal with Royal Dutch Shell, following a pilot scheme this year with furniture retailer IKEA. Shell is to supply CMA CGM with several tens of thousands of tonnes of fuel consisting of 80% low-sulphur fuel oil and 20% biofuel, the companies … [Read more...]

Scrubber Queue Grows Ahead of IMO 2020

By Mike Wackett (The Loadstar) - Another containership fitted with an exhaust gas cleaning system (scrubber) is added to the global fleet every 10 hours, according to Alphaliner data. However, the race to get scrubbers retrofitted on ships ahead of IMO 2020 regulations on 1 January has resulted in a significant extension of the budgeted downtime for many vessels. Some … [Read more...]