Termed as a strategic agreement between CMA CGM and CSSC, the newbuilding contract was signed in the presence of French president Emmanuel Macron and Chinese president Xi Jinping.
“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 Rodolphe Saadé, chairman and ceo of CMA CGM.
The 10 new boxships will be delivered from 2021 in replacement of 10 other ships and they will be used on the Asia-Mediterranean lines.
CMA CGM said the new ships are designed to support the group’s growth as these ships will strengthen its competitiveness and will be equipped with technologies for the protection of the environment.
The five newbuilds that will run on LNG can lead to a significant reduction in CO2, sulphur, fine particles and nitrogen oxides emissions. The five other newbuilds to be fitted with hybrid scrubbers will be able to eliminate sulphur and fine particles emissions.
Saadé and Lei Fanpei, chairman of CSSC, also signed a cooperation agreement to develop more efficient and environmentally-friendly vessels.
In November 2017, CMA CGM announced an order for nine 22,000-teu containerships powered by LNG, becoming the first shipping company in the world to choose this energy source for vessels of this size.