CMA CGM Moves for $2.1bn Ultra-Large Containership Order in China

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  • DSIC Poised to Build Six Firm Plus Four Optional LNG Dual-Fuel Vessels.
  • Fresh Order Estimated at $2.1bn Based on Recent Pricing.
  • CMA CGM Fleet to Grow Beyond 4m Teu With 1.5m Teu on Order.

France’s CMA CGM is gearing up for another wave of orders for ultra-large containerships as part of its ongoing strategy to expand its fleet, with industry insiders hinting at a new deal in China, reports Splash.

DSIC Letter of Intent

According to shipbrokers, the Marseille-based carrier has inked a letter of intent with Dalian Shipbuilding Industry Co (DSIC), which is a subsidiary of China State Shipbuilding Corp. This agreement includes six firm orders along with four optional LNG dual-fuel vessels, each boasting a capacity of 22,000 teu.

Estimated Deal Value

While the official pricing hasn’t been revealed, recent comparable orders for dual-fuel vessels have been around $220 million each. Using this as a reference, CMA CGM’s order is anticipated to reach about $2.1 billion.

Expanding Fleet Capacity

Currently, CMA CGM operates a fleet of over 680 vessels, with a total capacity of around 4 million TEU. This number is expected to grow by an additional 1.5 million TEU in the next few years, bolstered by more than 100 low-carbon newbuilds already on order.

Third Major Order in 2025

If the DSIC agreement is confirmed, it would mark CMA CGM’s third major newbuilding commitment this year. Earlier in 2025, the company, led by Rodolphe Saad, placed an order for twelve 18,000 TEU LNG dual-fuel ships at CSSC Jiangnan Shipyard, valued at approximately $2.5 billion, along with another $2.6 billion order for twelve vessels of similar size at HD Hyundai Heavy Industries.

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Source: Splash