Brokers have confirmed a sizeable boxship order from France’s CMA CGM, first reported on Splash a month ago.
Norwegian broker Fearnleys’ latest weekly report details how the ten-ship order has been broken down. CMA CGM has contracted China State Shipbuilding Corporation (CSSC) to build ten 15,500 teu boxships, split two ways to handle the impending global sulphur cap. Five will be built with LNG propulsion at Jiangnan Shipbuilding, priced at $130m per ship, while another five will be built at another unconfirmed CSSC yard, likely Hudong-Zhonghua, fitted with scrubbers and priced at $110m per ship. The total package comes in at $1.2bn and will keep CMA CGM in touching distance with Cosco in the global liner rankings.
The newbuilds will likely be deployed on the Asia-Mediterranenan tradelane when they deliver from late next year through to 2021.