FRENCH shipping giant CMA CGM bunker fuel
bill rose 11 per cent in the first
quarter, as fuel became more expensive immediately after the global sulphur
limit came into force on 1
January, reported London's Argus Media.
CMA
CGM spent US$975 million on fuel in the first quarter, up by $100 million. Its fleet complies with the International Maritime
Organisation (IMO) 0.5 per cent sulphur cap by burning 0.5 per cent fuel oil,
or continuing to burn 3.5 per cent fuel oil on its ships with scrubbers fitted.
Prices for 0.5 per cent fuel oil
rose to $600-$780 per tonne in the key bunkering hubs of Singapore, Fujairah
and Rotterdam in early January, but then fell to less than $250 per tonne in
April and have since been below $300 per tonne. This compares with $300-40 per
tonne in the first quarter last year for 3.5 per cent fuel oil, which was then
the most-used fuel.
CMA CGM said it reduced its
bunker costs through a surcharge for its customers. It recently waived this as
prices fell.
The shipowner also took delivery
of one 23,000 TEU
LNG-fuelled containership this year, the Jacques Saade, and expects to take delivery of a further eight
later this year. CMA CGM has a 300,000 per tonne per year supply contract with
Total for the nine vessels, which will run for 10 years from 2020.
CMA
CGM made a profit of $48 million in the first quarter, up from $43 million a
year earlier.
Source : HKSG.
Tidak ada komentar:
Posting Komentar