TotalEnergies, CMA CGM Launch LNG Bunkering JV in Rotterdam
TotalEnergies, CMA CGM Launch LNG Bunkering JV in Rotterdam

TotalEnergies, CMA CGM Launch LNG Bunkering JV in Rotterdam

News summary

TotalEnergies and CMA CGM have announced a 50/50 joint venture to develop and operate an LNG bunkering supply chain at the Port of Rotterdam, aiming to accelerate the energy transition in maritime transport. The joint venture will deploy a new 20,000 cubic-meter LNG bunker vessel by the end of 2028, integrated with TotalEnergies' existing LNG infrastructure in the Amsterdam-Rotterdam-Antwerp (ARA) region, including the Gas Agility vessel operational since 2020. TotalEnergies will supply CMA CGM with up to 360,000 tons of LNG annually from 2028 through 2040 to support CMA CGM's goal of reaching net-zero carbon by 2050, with its LNG-powered fleet expected to reach 123 vessels by 2029. This collaboration marks the first time a shipping company and an energy provider will jointly operate an LNG bunkering vessel, reflecting a shared commitment to decarbonizing global trade and scaling alternative fuels. The partnership builds on a longstanding collaboration since 2017, with multiple landmark LNG bunkering operations across European ports. Regulatory approvals are pending for the formation of the joint venture.

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