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China and France ink record shipbuilding deal, China to build 16 dual-fuel ultra-large container ships for France worth more than $3 billion

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China and France ink record shipbuilding deal, China to build 16 dual-fuel ultra-large container ships for France worth more than 21 billion yuan ($3 billion)​

By WANG YING in Shanghai | chinadaily.com.cn | Updated: 2023-04-07 23:58

A shipbuilding deal was inked between the world's largest shipbuilder, China State Shipbuilding Corp (CSSC), and French shipping group CMA CGM on Thursday in Beijing, comprising the construction of 16 dual-fuel ultra-large container ships worth more than 21 billion yuan. This sets the record for the largest single order by value that Chinese shipbuilders have ever received.

According to CSSC, the agreement involves building 12 dual-fuel methanol-powered boxships with a capacity of 15,000 TEUs (twenty-foot equivalent units), as well as constructing four 23,000 TEUs dual-fuel liquefied natural gas (LNG) powered ones.

Shanghai-based Jiangnan Shipyard (Group) Co Ltd will build six of the methanol-powered container ships, while the remaining six will be constructed by Dalian Shipbuilding Industry Co Ltd (DSIC).

With green energy of methanol as their main fuel, the 366-meter long and 51-meter wide vessels will be researched, developed, and designed independently by Chinese shipbuilding organizations, and they are capable of meeting the world's strictest emission requirements.

The LNG-powered container ships, an upgraded version of the nine vessels completed in June 2021, will be built by Hudong-Zhonghua Shipbuilding (Group) Co Ltd. Each with a length of 399.99 meters and a width of 61.3 meters, the jumbo container ships can carry up to 23,000 standard containers or a maximum of 220,000 tons of cargo.

As important strategic partners, CMA CGM Group and CSSC have signed orders for more than 70 units of high value-added green container carriers over more than a decade.


 
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China Gets Record $3.2 Billion Container Ship Order From French Giant​

By Li Rongqian and Han Wei
Marseille-based CMA CGM operates 606 container ships with a total capacity of 3.41 million TEUs.

Marseille-based CMA CGM operates 606 container ships with a total capacity of 3.41 million TEUs.

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.

 
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