CMA CGM sticks with LNG despite World Bank's criticism of the fuel
A much-discussed report from the World Bank, which dismisses LNG as a fuel option to achieve the IMO's 2050 climate target, does not change French CMA CGM's plans to launch more LNG-fueled container vessels, the company says to ShippingWatch.
by DAG HOLMSTAD
French container line CMA CGM, which currently invests heavily in LNG-powered container vessels, has no plans to deviate from its course just because a new report from the World Bank rejects LNG as a usable fuel to reduce shipping's emissions and achieve the 2050 climate target.
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