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CSSC and CMA CGM ink record $3bn containership order

China State Shipbuilding Corporation (CSSC) has bagged the largest single-order for containerships placed at a Chinese yard.

CMA CGM has placed an order for 16 large containerships placed at three CSSC yards. The shipbuilding order includes twelve 15,000 teu methanol-fuelled containerships and four 23,000 teu LNG-fuelled containerships, worth a total of RMB21bn ($3.05bn).

CSSC Dalian Shipbuilding Industry and CSSC Jiangnan Shipyard split the methanol-fuelled containerships order and each will construct six vessels measuring in 366 metres length and 51 metres width, which are able to significantly reduce over 60% EEDI, meeting the most stringent ship emission requirements.

The four 399.9 metres long and 61.3 metres wide LNG-powered containerships with 18,600 cu m MARK III tank will be constructed by CSSC Hudong-Zhonghua Shipbuilding.

According to CSSC, the group and CMA CGM have already established strategic cooperative partnership for a long-term. In the past 10 years, CMA CGM have ordered over 70 green containerships from CSSC’s shipyards, including the world’s first LNG-powered ultra-large 23,000 teu containership CMA CGM Jacques Saade.

CMA CGM was the first container line to commit to ultra-large LNG dual-fuel newbuildings but has more recently hedged its bets with a mix of methanol and LNG dual-fuel orders.