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CMA CGM ANTOINE OF SAINT EXUPERY,

CMA CGM Orders Ten Ultra-Large Containerships in China

Mike Schuler
Total Views: 20
March 26, 2019

File photo of the CMA CGM ANTOINE OF SAINT EXUPERY. Photo credit: CMA CGM

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.

In November 2017, the Group announced an order for nine 22,000-TEU container ships powered by LNG, becoming the first shipping company in the world to opt for LNG for vessels of this size.

Read Next: Carriers Show Reduced Appetite for Megaship Orders, Drewry Says

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