CMA CGM signs for $3bn worth of methanol and LNG powered boxships in China
French carrier CMA CGM has placed orders for 16 dual-fuel containerships at China State Shipbuilding Corporation (CSSC) in a record deal worth around $3.06bn.
The world’s third-largest liner has booked a dozen methanol powered 15,000 teu units and a quartet of 23,000 teu LNG-fuelled ships in what is being called the biggest order for large boxships in the history of Chinese shipbuilding.
The order for the methanol dual-fuel ships has been spread between Jiangnan Shipyard and Dalian Shipbuilding Industry (DSIC), while Hudong-Zhonghua will build the 23,000 teu units.
The deal was announced during a state visit by French President Emmanuel Macron, accompanied by several CEOs, including CMA CGM’s boss Rodolphe Saadé. The Marseille-based shipping giant has been an important strategic partner of CSSC, having ordered more than 70 ships at its affiliated yards in the past 10 years.
