This is why CMA CGM will hand a major order to China

According to ShippingWatch's sources, CMA CGM will place its hotly-discussed order at Chinese yards for nine of the world's largest container vessels within a few weeks. It is part of a package which will benefit both China and the French carrier. Port and terminal rights are allegedly part of the deal.

Photo: PR-foto/CMA CGM

Although CMA CGM has not confirmed the huge order yet, it is on the way according to ShippingWatch's market sources.

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