- A 20,000 m³ LNG bunker vessel will be operational in Rotterdam by 2028.
- The JV will supply up to 360,000 tons of LNG annually from 2028 to 2040.
- The partnership aims to enhance LNG infrastructure in the ARA region.
- CMA CGM targets 123 dual-fuel LNG vessels by 2029.
Joint Venture Overview
TotalEnergies and CMA CGM have formed a 50/50 joint venture to develop LNG bunkering logistics at the port of Rotterdam. This initiative aims to accelerate maritime decarbonization by providing a reliable LNG supply chain.
Infrastructure Expansion
A new 20,000 cubic-meter LNG bunker vessel will be operational in Rotterdam by the end of 2028. The joint venture will leverage TotalEnergies' existing logistics infrastructure in the Amsterdam-Rotterdam-Antwerp (ARA) region to enhance delivery flexibility and operational efficiency.
Long-Term LNG Supply
To support CMA CGM's goal of achieving Net Zero Carbon by 2050, TotalEnergies will supply up to 360,000 tons of LNG annually from 2028 to 2040. This agreement ensures a steady supply for CMA CGM's growing dual-fuel LNG-powered fleet, projected to reach 123 vessels by 2029.
Regulatory Approvals
The creation of the joint venture is subject to applicable regulatory approvals. Both companies have a history of collaboration in advancing low-carbon marine solutions, with several agreements and operations conducted since 2017.
LNG's Role in Decarbonization
LNG as a marine fuel can reduce greenhouse gas emissions by up to 20% compared to conventional fuels, with further reductions possible using bio or synthetic LNG. It also significantly cuts nitrogen oxides and sulfur oxides emissions, making it a sustainable option for the shipping sector.
