CMA CGM, a French shipping company, has placed an order for six methanol-powered container ships

CMA CGM, a French shipping corporation, has placed orders for six new dual-fuel methanol boats and ten dual-fuel LNG ships.

The company stated in its first-quarter results release that the six 15,000 twenty-foot equivalent unit (TEU) container ships will be delivered by the end of 2025. This is the company's first foray into alternate maritime fuels other than LNG, which it has been exploring since 2017. By 2050, CMA CGM intends ....