en.Wedoany.com Reported - CCEC, a US-listed LNG carrier owner backed by Evangelos Marinakis, announced a 50-50 joint venture with shipping giant CMA CGM to build, charter, and operate a 20,000-cubic-meter dual-fuel LNG bunker vessel. This partnership marks CCEC's entry into the LNG bunkering sector, representing the company's first vessel dedicated to marine fuel supply.

In connection with this transaction, the joint venture has signed a shipbuilding contract with Nantong CIMC Sinopacific Offshore Engineering Co., Ltd. (CIMC SOE) at a contract price of $82.8 million, with delivery expected in the third quarter of 2028. Additionally, the joint venture is expected to enter into a 12-year time charter party with another joint venture formed by CMA CGM and French energy giant TotalEnergies, effective upon the vessel's delivery from the shipyard.

LNG Prime first reported this development in March, citing shipbuilding sources. At that time, sources told LNG Prime that the joint venture between Capital and CMA CGM had signed a letter of intent with CIMC SOE for up to two LNG bunker vessels.

This is also the first LNG bunker vessel owned by CMA CGM. Last year, TotalEnergies signed an agreement with CMA CGM to establish a 50-50 logistics joint venture specifically to implement and operate LNG bunkering supply solutions at the Port of Rotterdam in the Netherlands. The joint venture will leverage TotalEnergies' existing logistics infrastructure in the ARA region, where the 18,600-cubic-meter LNG bunker vessel Gas Agility has been operating since 2020. As part of this new logistics joint venture, a new LNG bunker vessel will be deployed in Rotterdam by the end of 2028 and operated jointly by both parties.

In August this year, China's Hudong-Zhonghua Shipbuilding stated that it had secured another order to build an 18,600-cubic-meter LNG bunker vessel for TotalEnergies and Spanish shipping company Ibaizabal. This is the optional vessel under the 1+1 order announced in July last year, scheduled for delivery in 2028, and will serve at the Port of Rotterdam in the Netherlands.

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