CMA CGM hit the headlines in November 2017 with its announcement to power its nine 22,000 TEU newbuild vessels with LNG - a groundbreaking move as not only are they the biggest box ships in the world but the largest to use LNG. These mega-box ships could cost as much as US$20M more per unit than MSC's 22,000 TEU conventionally-fuelled vessels. BRL Consultants chief executive Barry Luthwaite told Container Shipping & Trade "A major consideration is the price factor which can yield a cost gap of US$20M between a conventionally-fuelled ship with an 11 or 12-cylinder diesel engine of US$140M and an LNG-powered vessel which may cost as high as US$160M."
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