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CMA CGM confirms order at CSSC for ten boxships

French line CMA CGM has signed two strategic agreements with China State Shipbuilding Corporation (CSSC), in the presence of French president Emmanuel Macron and Chinese president Xi Jinping.

One agreement is for the order of 10 new 15,000 teu containerships at CSSC. The vessels will be delivered from 2021, replacing 10 other vessels in the company’s fleet and will be deployed on the Asia-Mediterranean lines.

Splash reported last month that five of the newbuilds will be fitted with LNG propulsion at Jiangnan Shipyard, priced at $130m per ship, while another five will be built at another unconfirmed CSSC yard, likely Hudong-Zhonghua, fitted with hybrid scrubbers and priced at $110m per ship.

The two parties have also signed an agreement to jointly develop more efficient and environmentally-friendly vessels.

“Through this strategic partnership with the China State Shipbuilding Corporation, we once again opt for LNG propulsion and we reinforce our efforts to develop ever more efficient and environmentally-friendly vessels. We thereby reassert our leading role in the energy transition of the shipping industry,” said Rodolphe Saadé, chairman of the CMA CGM Group.

Jason Jiang

Jason is one of the most prolific writers on the diverse China shipping & logistics industry and his access to the major maritime players with business in China has proved an invaluable source of exclusives. Having been working at Asia Shipping Media since inception, Jason is the chief correspondent of Splash and associate editor of Maritime CEO magazine. Previously he had written for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week.
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