CMA CGM and Total sign a major agreement
Total and CMA CGM have signed an agreement for the supply of approximately 270,000 tonnes per year of Liquefied Natural Gas (LNG) over 10 years, the company said in its release. This volume will cover the supply at Marseille-Fos of CMA CGM’s future 15,000-TEU container ships that will operate between Asia and the Mediterranean, and that are scheduled for delivery starting in 2021.
A pioneer in the use of LNG to power ultra-large container vessels, CMA CGM has chosen to retain Total Marine Fuels Global Solutions, Total’s business unit dedicated to worldwide bunkering activities.
As part of this agreement, Total will provide a suitable solution for the bunkering of these container ships with the positioning of a LNG Bunker Vessel at the port of Marseille-Fos and a complementary bunkering solution in Singapore. These new supply chains will further expand the use of LNG as a marine fuel, particularly in the Mediterranean Sea.
CMA CGM and Total confirm their commitment to France, particularly in favour of the Marseille-Fos business hub where they are both key economic players. Deeply attached to Marseille, the starting point of its global entrepreneurial adventure, the CMA CGM Group has been committed to the development of the region and its port for more than 40 years.
For Patrick Pouyanné, CEO of Total: "The development of Liquefied Natural Gas as a marine fuel is at the heart of our LNG strategy. This new contract with CMA CGM results in the launch of a dedicated supply chain in the port of Marseille-Fos. Total is committed to working with its customers to offer them more environmentally friendly marine fuels and thus contributes positively to the sustainable evolution of maritime transport, particularly in the Mediterranean basin."
About CMA CGM
The CMA CGM Group, led by Rodolphe Saadé, is a world leader in shipping and logistics.
Its 506 ships serve more than 420 ports worldwide on the five continents. In 2018, they transported nearly 21 million TEU (twenty feet equivalent) containers. CEVA, a global logistics player, transports more than 500,000 tonnes of air cargo and 1.9 million tonnes of land cargo each year.
CMA CGM is constantly innovating to offer its customers new maritime, land and logistics solutions.
Present on every continent and in 160 countries through its network of 755 offices and 750 warehouses, the Group employs 110,000 people worldwide and 2,400 in Marseille where its head office is located.
Total, Second-Largest Private Global LNG Player:
Total is the second-largest private global LNG player, with an overall portfolio of around 40 million tons per year by 2020 and a global market share of 10%. With 22 million tons of LNG sold in 2018, the Group has solid, diversified positions across the LNG value chain. Through its stakes in liquefaction plants in Qatar, Nigeria, Russia, Norway, Oman, Egypt, the United Arab Emirates, the United States, Australia and Angola, Total sells LNG in markets worldwide.
Total is a major energy player that produces and markets fuels, natural gas and low-carbon electricity. Our 100,000 employees are committed to better energy that is safer, more affordable, cleaner and accessible to as many people as possible. Active in more than 130 countries, our ambition is to become the responsible energy major.
Total Marine Fuels Global Solutions:
Total Marine Fuels Global Solutions is Total’s dedicated business unit in charge of worldwide bunkering activities. Total Marine Fuels Global Solutions is the single point of contact for a full spectrum of solutions with innovative and efficient bunkering services.