ShippingWatch

CMA CGM chairman Rodolphe Saadé is sticking to his LNG-guns

CMA CGM Group chairman Rodolphe Saadé still stands by his investment and focus on LNG as a transitional fuel. "What is most important is to act quickly," he states.

Topchefen i CMA CGM Rodolphe Saadé forsvarer brugen af flydende naturgas, LNG, som et overgangsbrændstof, der reducerer CO2-udledning. | Photo: PR / CMA CGM

Opinions on the role of LNG as a transition fuel are manifold and have been a hot topic of debate in the shipping world. Rodolphe Saadé is among those who believe is better to do something now rather than waiting. That is why he is sticking by his choice – using LNG.

During a panel discussion in Paris this week, Saadé stated that it is essential to act fast. Even though LNG might not be the ideal solution on the long term.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Borr Drilling seeks capital in the US

Tor Olav Trøim’s Borr Drilling searches for capital in the US and plans to issue shares on the New York Stock Exchange, a company statement reveals.

Seaspan to supply container fleet with green fuels

Seaspan has a new strategy underway, through which the major tonnage provider plans to use its network to enter a number of a new business areas, with one area being delivery of green fuel to its customers.

Further reading

Related articles

Latest news

See all jobs