The World's First and Largest Dual-fuel Container Ship Financed by China Eximbank Delivered

2020-09-23

  Recently, the world’s first 23,000TEU dual-fuel container ship CMA CGM “Jacques Saadé” was delivered by CSSC Hudong-Zhonghua Shipbuilding Company. Financed by China Eximbank, the vessel is independently developed and designed in China, and it is the largest container ship in the world so far.

  CMA CGM “Jacques Saadé” was built by CSSC for the CMA CGM Group, which is the largest liner in France. The two companies signed a contract earlier of building nine 23,000TEU ultra large container ships with financial support provided by China Eximbank. CMA CGM “Jacques Saadé” is the first vessel delivered under this contract.

  400 meters in length and 61.3 meters in width, the vessel can hold 23,000TEUs, and is able to carry 2,200 40-foot reefer containers. It has a unique “green heart”. Its engine “WinGd X92DF” is the world’s largest dual-fuel low-speed ship engine independently developed and made in China, which takes the lead in the same type with its excellent performance and low emission indicators. In addition, the vessel is installed with an LNG-powered 18,600m3 Mark III membrane fuel tank, which can meet the most stringent emission allowance and satisfy the EEDI Phase III standards. Compared with the same type of oil-powered ships, the vessel can reduce carbon dioxide emissions by about 20%, nitrogen dioxide emissions by 85%, and sulfur dioxide and particulate matter emissions by 99% in one single voyage.

  In recent years, the global shipping industry is paying more and more attention to clean fuel-powered ships. In line with the trend of green shipping development and China's development priorities, the Bank has kept deepening financing cooperation with world-renowned shipowners, and encouraging them to come to China and order high-tech, high-value-added ships. By so doing, the Bank helps China's shipbuilding companies improve their global competitiveness and supports the transformation and upgrading of the shipbuilding industry.