CMA CGM has signed a agreement for the order of ten new ultra-large containerships with China State Shipbuilding Corporation with delivery from 2021.
The new containerships will be 366 meters in length and have 15,000 TEU capacity.
To comply with IMO 2020 fuel regulations, five of the ships will be powered by LNG and five will be fitted with scrubbers.
CMA CGM intends to deploy the vessels on the Asia-Mediterranean trade replacing other vessels.
The order was announced Tuesday as Rudolphe Saadé, Chairman and Chief Executive Officer of the CMA CGM Group, signed two strategic agreements with Lei Fanpei, Chairman of the CSSC, in the presence of French President Emmanuel Macron and Chinese President Xi Jinping.
The order comes as President Xi Jinping is in France promoting China’s new “SilkRoad” initiative.
“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 Saadé.
CMA CGM and CSSC also signed a cooperation agreement to develop more efficient and environmentally-friendly vessels.