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CMA CGM confirms order for nine super-sized LNG-powered box ships

The 22,000-TEU vessels are largest in category; they are also well-placed to meet stricter emissions rules

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This deal, reportedly pegged at US$1.2 billion, is significant on several levels amid a tight race among the top four shipping lines, including CMA CGM, to expand their market shares either by building or acquiring shipping capacity.

Singapore

THE contest to build ever-larger container ships is heating up, but with a greener twist. Box ship giants are now racing to also build a fleet that will comply with stricter emissions rules.

On Tuesday, Marseilles-based CMA CGM confirmed a shipbuilding contract for nine

sentifi.com

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