Global Containership Fleet Set to Hit Record 34 Million TEU
The global containership fleet is about to cross another major milestone, with capacity set to reach 34 million TEU after growing by 10 million TEU in just five and a...
French container shipping group CMA CGM has announced a new order for 22 ships ranging in size and fuel type.
The order was placed with China State Shipbuilding Corporation with deliveries planned between 2023 and 2024.
The order includes 6 LNG-powered containerships with a capacity of 13,000 TEUs, 6 LNG-powered containerships with a capacity of 15,000 TEUs, and 10 Very Low Sulphur Fuel Oil-powered containerships with a capacity of 5,500 TEUs.
“This order aims at accommodating market growth,” CMA CGM said in a brief statement posted to its website.
CMA CGM reported a net profit of $1.75 billion for 2020 on the back of the COVID-19 economic recovery. The company operates a fleet of 566 vessels with capacity of about 3 million TEUs. It’s order book consists of 44 ships with combined TEU capacity of 555,000, according to Alphaliner.
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