TotalEnergies, CMA CGM to launch LNG bunkering JV

TotalEnergies, a global integrated energy company, and CMA CGM Group, a global player in sea, land, air and logistics solutions, have entered into an agreement to develop a 50/50 logistics joint venture* (JV) dedicated to the implementation and operation of a liquefied natural gas (LNG) bunker supply solution at the Port of Rotterdam in the Netherlands. The strategic partnership is the latest venture between the longstanding partners to advance low-carbon marine solutions and accelerate the energy transition in the maritime sector.

As part of the logistics joint venture, a new 20,000 cubic-meter LNG bunker vessel will be jointly deployed and operated. (Photo: TotalEnergies)

As part of the CMA CGM-TotalEnergies JV, a new 20,000 cubic-meter LNG bunker vessel will be positioned in Rotterdam by the end of 2028 and jointly operated. The JV will offer a complete logistics service, from reload access at Gate terminal facilities to LNG bunker delivery to a range of vessels operating in the Amsterdam-Rotterdam-Antwerp (ARA) region, including those of CMA CGM as well as other shipping operators.

The JV will capitalize on TotalEnergies’ established logistics infrastructure in the ARA region, where the 18,600 cubic meter LNG bunker vessel Gas Agility has been in operation since 2020. By integrating the future LNG bunker vessel with Gas Agility, the JV aims to create synergies that enhance delivery flexibility and boost operational efficiency across the region.

“We are proud to further contribute, alongside a partner like CMA CGM, to the development of an LNG bunkering supply chain in one of Europe’s leading port hubs,” said Patrick Pouyanné, Chairman and CEO of TotalEnergies. “This strategic partnership not only strengthens our position as a major player in LNG bunkering but also illustrates the shared commitment of two leading French companies to actively support the energy transition.”

“With this joint venture, CMA CGM and TotalEnergies are taking a new step to support the energy transition in shipping. For the first time, a shipping company and an energy provider will jointly operate an LNG bunkering vessel, based in the port of Rotterdam. It is a concrete way to scale up alternative fuels and accelerate the decarbonization of global trade,” said Rodolphe Saadé, Chairman and CEO of CMA CGM Group.

In addition, under a new long-term agreement, 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 and ensure the supply of its dual-fuel LNG-powered fleet, which will grow to 123 vessels by 2029.

*Creation of the joint venture is subject to applicable regulatory approvals.