CMA CGM steering LNG-powered ships to US

CMA CGM Chairman and CEO Rodolphe Saadé recently announced that the France-headquartered company would dedicate six liquefied natural gas-powered container ships to the U.S. market as part of its drive to propel the energy transition of the shipping industry.

The first of these six container ships, which each will have a capacity to carry 15,000 twenty-foot equivalent units (TEUs) will be delivered in October. All six will be operational by the end of 2022, CMA CGM said. The vessels will be...

https://www.freightwaves.com/news/cma-cgm-steering-lng-powered-ships-to-us

JAXPORT expands funding for harbor deepening

JAXPORT was awarded $75 million this week to help deepen its harbor.

The Jacksonville, Florida, port authority called the $35 million grant and $40 million loan approved by the City Council a “historic win for our community and the 15,000 jobs that will be created or protected” by the project.

JAXPORT said the harbor deepening, which will take the 13-mile shipping channel from 40 feet to 47 feet and allow larger container ships to call, is expected to be completed in 2023. The U.S. Army Corps of...

https://s29755.pcdn.co/news/jaxport-expands-funding-for-harbor-deepening

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