The CMA CGM Jacques Saade has joined the group’s fleet becoming the largest LNG-powered container ship in the world.
CMA CGM has made the symbolic choice of naming its new flagship after its founder, Jacques Saade.
Synopsis:The global Liquefied Natural Gas (LNG) Market is projected to reach US$ 20.6 billion by 2025 with a CAGR of 12.7% during the completion of the prediction period.
Liquefied Natural Gas implies a collection of gases, largely of methane and additional gases for example Nitrogen, Propane, Butane, and Ethane.
It is stored at a temperature of approx.
When the ship reaches at the delivery harbor, liquefied natural gas is relieved of into finely protected storing tanks, and then again gasified for entering into the grid of pipeline circulation.It can, likewise be transported in lesser capacities, frequently over smaller marine distances.
There is an increasing use of lesser scale deliveries of liquefied natural gas.
These are, most frequently, completed utilizing the similar vessels on trucks and in transnational trade, particularly prepared with cryogenic containers.This natural gas is utilized in a number of businesses comprising rotary kilns, manufacturing, fluid bed dryers, construction, sector of power generation, mining, food processing, furnaces, and dairy products.
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