CMA CGM goes two different directions with large order

France's CMA CGM has placed an order for ten larger container vessels to be constructed in China, reports Fearnley Securities. Most will sail on LNG, while the remaining will be equipped with scrubbers.

Photo: Ritzau Scanpix

French container carrier CMA CGM has opted to go two different directions with a large newbuilding order valued at USD 1.2 billion for ten container vessels.

Back in January, shipbroker Braemar ACM wrote that the French container carrier had placed an order for a total of ten container vessels. These are now detailed by Fearnley Securities in a report.

Read the whole article

Get 14 days free access.
No credit card required.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Alphaliner: HMM set to go private in 2022

The South Korean state is reportedly prepared to divest container line HMM after having rescued the company from bankruptcy in 2016. According to Alphaliner, South Korea's central administration has confirmed a plan to privatize the carrier in 2022.

Further reading

Related articles

Latest news

See all jobs