China wins record $3bn order from CMA CGM for 16 large containerships

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China State Shipbuilding Corporation is reported to have won an order from France’s CMA CGM Group to produce 16 large container vessels worth more than USD 3 billion.

It is believed to be the most expensive single newbuilding ever placed and certainly the largest ever containership order won by the Chinese shipbuilding industry.
The order includes 12 x 15,000-TEU dual-fuel large container ships powered mainly by methanol and four 23,000-TEU ones fuelled mainly by liquefied natural gas (LNG).

Each of the methanol-powered ships measures 366 meters in length and 51 meters in width and is designed to have the ability to carry 156,000 tonnes of cargo, said the Chinese ship manufacturer.

It is also the Chinese group’s first order to produce such methanol-fuelled container ships. Independently developed, the vessel is able to achieve net zero carbon emissions over its entire voyage.

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