CMA CGM firms up order for 10 LNG dual-fuel 22,000-TEU ships

Riviera first reported in late summer that the world’s third-largest liner operator had signed a letter of intent with Dalian Shipbuilding Industry Co (DSIC), a subsidiary of China State Shipbuilding Corp, covering six firm orders plus four options for 22,000-TEU LNG dual-fuel vessels.

The shipyard has now confirmed the contract, with industry sources in China describing it as a milestone deal, given that the ULCS segment has traditionally been dominated by South Korean builders.

In recent weeks, DSIC has secured 16 new container ship orders – including the CMA CGM contract – from owners in Asia and Europe. The yard has also remained active in the bulk carrier and tanker markets.

Strengthening the LNG strategy

According to Alphaliner, CMA CGM operates a fleet of 707 vessels with a combined capacity of 4.0M TEU, representing a 12% global market share. The company also has a robust newbuilding programme comprising 128 ships totalling 1.7M TEU.

Notably, in October, the liner giant became the first major international container shipping company to sign a letter of intent with Cochin Shipyard Ltd in India for six LNG-powered, 1,700-TEU vessels.

By 2029, CMA CGM expects its dual-fuel fleet to reach 162 vessels, including 24 powered by methanol. The company has also expanded its presence in LNG bunkering, forming a joint venture with TotalEnergies in Rotterdam.

Furthermore, Riviera has reported that CMA CGM is expected to partner with Capital Gas, led by Evangelos Marinakis, and TotalEnergies for the construction of LNG bunker vessels in China.