Shipping company says it won't use Arctic route as ice recedesDavid Wagman | August 29, 2019
France-based CMA CGM Group said that none of its 511 vessels will use the Northern Sea Route and that it will give priority to liquefied natural gas to power its future ships.
The Arctic route runs the length of the Siberian Coast and connects Asia to Europe. It has been made navigable due to the effects of global warming, the company said. It added that the use of the Northern Sea Route would represent a "significant danger to the unique natural ecosystems of this part of the world," mainly due to what it said were "numerous threats posed by accidents, oil pollution or collisions with marine wildlife."
The company also said that liquefied natural gas offers "the best proven solution available to significantly reduce the environmental footprint of maritime transport." It said the use of LNG can reduce emissions of sulfur and fine particles by 99%, nitrogen oxides emissions by 85% and carbon dioxide emissions by up to 20%.
CMA CGM said it will use LNG power in its ultra-large ships that carry up to 23,000 containers. The first ship in this fleet of nine container vessels could be delivered as early as 2020. By 2022, the company said it could have 20 LNG-powered vessels in its fleet.
The company includes roughly 200 maritime brands and serves around 80% of the world's largest ports. It has total revenues on the order of $30 billion.