French shipping giant CMA CGM signed a record 21 billion yuan ($3.2 billion) deal for China’s state-owned shipbuilder China State Shipbuilding Corp. (CSSC) to deliver 16 large container ships.
The accord, inked during French President Emmanuel Macron’s state visit to China, marks the largest-ever single order for China’s shipbuilding industry.
The order includes 12 container ships each with capacity for 15,000 twenty-foot equivalent units (TEUs) and four 23,000-TEU LNG dual-fuel ultra-large container carriers. The vessels will be built by CSSC’s shipyards in Shanghai and Dalian.
It is reported that this cooperation agreement includes 12 15,000TEU methanol dual fuel-powered large container ships, of which 6 are built by CSSC (Tianjin) Shipbuilding Co., Ltd. (hereinafter referred to as "DSC Tianjin"), an enterprise in Tianjin Port Free Trade Zone.
